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underwritten |
1 definition found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Underwrite \Un`der*write"\, v. 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 insurance. --B. Jonson The broker who procures the insurance ought not by underwriting the policy, to deprive the parties of his unbiased testimony. --Marshall.
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