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underwrite
[ˌʌndərˈraɪt]
📖 Definition
v. to accept financial responsibility for an activity so that you will pay for special costs or for losses it may make; to accept responsibility for an insurance policy so that you will pay money in case loss or damage happens; to agree to buy shares that are not bought by the public when new shares are offered for sale
🖼️ Picture This
A person with arms spread wide under golden sunshine
💬 Example Sentence
The underwrite celebration brought the whole community together in joy.
📝 Word Roots & Related
under + write (" ") Taxpayers will underwrite the losses.