01 v. t. To write under something else; to subscribe.
imp.
Underwrote; p. p.
Underwritten; p. pr. & vb. n.
Underwriting
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1.
To write under something else; to subscribe.[Obs.]“What addition and change I have made I have here underwritten.” — Bp. Sanderson.
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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 insurance.“The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.” — Marshall.