Defray vs Underwrite - What's the difference?
defray | underwrite |
(obsolete) To spend (money).
To pay or discharge (a debt, expense etc.); to meet (the cost of something).
* 1946 , (Bertrand Russell), History of Western Philosophy , I.29:
* 2009 , ‘A Viennese grind’, The Economist , 30 Jul 2009:
* 2010 , Roy Greenslade, The Guardian , 9 Dec 2010:
To pay for (something).
To write below or under; subscribe.
(transitive, intransitive, obsolete) To subscribe (a document, policy etc.) with one's name.
To sign; to put one's name to.
To agree to pay by signing one's name; subscribe.
Specifically, to assume financial responsibility for something, and guarantee it against failure.
To act as an underwriter.
* Marshall
To support, lend support to, guarantee the basis of.
To submit to; put up with.
As verbs the difference between defray and underwrite
is that defray is (obsolete) to spend (money) while underwrite is to write below or under; subscribe.defray
English
Verb
(en verb)- The expenses of the war, while in progress, were defrayed by executing rich men and confiscating their property.
- Investors, meanwhile, got back a fraction of their money. Some say Mr Meinl’s €100m bail, paid by a source in Liechtenstein, should be used to defray their losses.
- In order to help defray the substantial costs involved, they then raised revenue through taking advertisements.
Anagrams
*underwrite
English
Verb
- The broker who procures the insurance ought not, by underwriting the policy, to deprive the parties of his unbiased testimony.