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Webster 1913 Edition
Underwrite
Unˊder-write′
,Verb.
T.
[
imp.
Underwrote
, Obs
. Underwrit
; p. p.
Underwritten
, Obs
. Underwrit
; p. pr. & vb. n.
Underwriting
.] 1.
To write under something else; to subscribe.
What addition and change I have made I have here
underwritten
. Bp. Sanderson.
2.
To subscribe one’s name to for insurance, especially for marine insurance; to write one's name under, or set one's name to, as a policy of insurance, for the purpose of becoming answerable for loss or damage, on consideration of receiving a certain premium per cent;
as, individuals, as well as companies, may
. underwrite
policies of insuranceB. Jonson.
The broker who procures the insurance ought not, by
underwriting
the policy, to deprive the parties of his unbiased testimony. Marshall.
Unˊder-write′
,Verb.
I.
To practice the business of insuring; to take a risk of insurance on a vessel or the like.
Webster 1828 Edition
Underwrite
UNDERWRI'TE
,Verb.
T.
1.
To write under something else.The change I have made, I have here underwritten.
2.
To subscribe. We whose names are underwritten, agree to pay the sums expressed against your respective names.3.
To subscribe one's name for insurance; to set one's name to a policy of insurance, for the purpose of becoming answerable for loss or damage, for a certain premium per cent. Individuals underwrite policies of insurance, as well as companies.The broker who procures insurance, ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.
UNDERWRI'TE
,Verb.
I.