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Commit and Underwrite

verb

  • Perform an act, usually with a negative connotation.
    • usage: "perpetrate a crime"; "pull a bank robbery"
  • Give entirely to a specific person, activity, or cause.
    • usage: "She committed herself to the work of God"; "give one's talents to a good cause"; "consecrate your life to the church"
  • Cause to be admitted; of persons to an institution.
    • usage: "After the second episode, she had to be committed"; "he was committed to prison"
  • Confer a trust upon.
    • usage: "The messenger was entrusted with the general's secret"; "I commit my soul to God"
  • Make an investment.
    • usage: "Put money into bonds"
  • Engage in or perform.
    • usage: "practice safe sex"; "commit a random act of kindness"
(DoD) The process of committing one or more air interceptors or surface-to-air missiles for interception against a target track.

verb

  • Guarantee financial support of.
    • usage: "The opera tour was subvented by a bank"
  • Protect by insurance.
    • usage: "The insurance won't cover this"

(1) to sign one's name at the end of a document, thus signifying agreement or concurrence with the contents of the document. (2) to assume risk and liability for specified events in return for a fee. An insurance company, by signing a policy, becomes the policy's' underwrite'r, thereby assuming the risk of being liable for losses if events specified in the policy occur. (3) in mortgage lending, the act of assessing the risk of a loan and matching it to an appropriate rate of interest and term. (4) to guarantee the sale of a new issue of securities, usually by a securities dealer or a syndicate of dealers.