Underwrote
/ˌʌndərˈroʊt/
Definitions
- (v.) Past tense of underwrite; to agree to assume financial responsibility, typically in insurance or securities underwriting.
The insurer underwrote the policy covering the new building.
Forms
- underwrite
- underwriting
- underwrites
- underwritten
Related terms
See also
Commentary
As a past tense form, 'underwrote' directs to 'underwrite' for the substantive meaning.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.