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.
Un`der*write", v. i. To practice the
business of insuring; to take a risk of insurance on a vessel or the
like.
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.
Un`der*write", v. i. To practice the
business of insuring; to take a risk of insurance on a vessel or the
like.
