Legal Risk Assessment Vocabulary

1 words in this vocabulary list

verb to assume financial responsibility for something, typically by agreeing to pay for any losses or damages

  • The insurance company agreed to underwrite the policy for the new building.
  • The bank will underwrite the loan for the new car.
  • I'll underwrite your night out if you promise to pay me back.
  • The company decided to underwrite the project, ensuring its success.