underwrote

Meanings

• Verb

  To assume the risk or obligation for payment of an insurance policy or debt.

  - "The insurance company underwrote the policy for the new building."
  - "The investor underwrote the debt issue for the startup company."

• Verb

  To guarantee the authenticity or validity of a document or statement.

  - "The notary public underwrote the legal document."
  - "The publisher underwrote the accuracy of the research findings."

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Rhymes

Words rhyming with underwrote
wrote , plowed , toasted , boasted

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Variants

List of all variants of underwrote that leads to same result
underwrite , underwrites , underwriting , underwritten , underwrote

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Forms

Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

underwrote, underwrites, underwrote, underwriting

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Etymology

origin and the way in which meanings have changed throughout history.

Originally meant 'to write under' (a guarantee or endorsement).

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Underwriting was originally used in the 15th century to describe the process of verifying the authenticity of a document.

2. Underwriting is a critical process in the reinsurance industry, where insurers transfer risk to other insurers.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Insurance: Underwriting is a key process in the insurance industry, where insurers assess risk and determine premiums based on the likelihood of a claim.

2. Risk management: Underwriting is a form of risk management, where risks are assessed and managed through the transfer of risk to an insurer or other party.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Underwriting is a critical process in insurance and finance, allowing risks to be assessed and managed. It has been the subject of literature, particularly in the context of insurance fraud.

How to Memorize "underwrote"

1. mnemonics
   

   - Think of 'underwriting' as 'writing under' a guarantee or endorsement.

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