it was underwritten

USAGE SUMMARY

The phrase "it was underwritten" is correct and usable in written English.
You can use it in contexts related to finance, insurance, or publishing, where it refers to the process of guaranteeing or supporting something, often financially. Example: "The project was deemed too risky, but it was underwritten by a major investor who believed in its potential."

✓ Grammatically correct

News & Media

Academia

Encyclopedias

Wiki

Human-verified examples from authoritative sources

Exact Expressions

14 human-written examples

It was underwritten by all the other Arab States.

The Guardian

It was underwritten by Peter Teague, the environment director of the Nathan Cummings Foundation.

The New York Times

The Ara Pacis was found under my family's palace, and the expense of excavating it was underwritten by us.

Princeton University

Invitations to the event stated it was "underwritten by Kaiser Permanente".

The New York Times

In 2004 it was underwritten by the Open Russia Charitable Organization and called the Booker/Open Russia Literary Prize.

Encyclopedia Britannica

It was underwritten by $30 million from the GAVI Alliance, formerly known as the Global Alliance for Vaccines and Immunization.

The New York Times - Health

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

Indeed, by 2002 it was underwriting more than half of them.

The New York Times

However, the NAO found that the Department for Transport (DfT) was powerless to ensure that the £7bn of expenditure it was underwriting would be spent effectively.

The Guardian - Business

But negotiations on the Calvert Cliffs 3 project in Maryland broke down over what fee the builders should pay to the federal government to compensate the Treasury for the risk it was underwriting.

The New York Times

The securities dealers' association found that R.D. White had cornered the market on two stocks it was underwriting on the Nasdaq Stock Market by repurchasing shares for less than 95percentt of the market price from individual investors, which the N.A.S.D. forbids.

The New York Times

Mr. Rome and the company were accused of fraud and illegal manipulation of the initial public offering of stock for a company that it was underwriting, Translation Group, a company in Haddonfield, N.J., which offered software to translate text in different languages.

The New York Times

Expert writing Tips

Best practice

When using "it was underwritten", clearly state by whom or what the underwriting was provided. This ensures clarity and avoids ambiguity.

Common error

Avoid using "it was underwritten" without specifying the underwriter. This can leave the reader wondering who provided the support or guarantee.

Linguistic Context

The phrase "it was underwritten" primarily functions as a passive construction indicating that a subject received financial backing or a guarantee. Ludwig AI shows the phrase used across various contexts where financial or sponsorship support is highlighted.

Expression frequency: Common

Frequent in

News & Media

75%

Academia

10%

Encyclopedias

7%

Less common in

Wiki

4%

Science

2%

Formal & Business

2%

Ludwig's WRAP-UP

In summary, the phrase "it was underwritten" is a common and grammatically correct expression used to indicate that something received financial backing or a guarantee. As Ludwig AI confirms, its usage spans across various contexts, primarily within news and media, academic, and encyclopedic sources. To ensure clarity, it's best to specify who or what provided the underwriting. While generally neutral to professional, the phrase is suitable for professional or financial discussions due to its technical connotation. Alternatives like ""it was funded"" or "it was backed" can be used depending on the specific nuance you want to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

it was financed

Specifically focuses on the financial aspect of underwriting.

it was funded

Replaces "underwritten" with a more general term for financial support.

it was capitalized

Highlights the investment aspect of the underwriting.

it was sponsored

Suggests support in exchange for promotional benefits.

it was subsidized

Suggests partial funding, often by a government or organization.

it was backed

Implies general support, not necessarily financial.

it was supported

A broader term that may include non-financial assistance.

it was guaranteed

Highlights the assurance aspect of the support.

it was endowed

Indicates a long-term, often philanthropic source of funding.

it was floated

Implies the beginning of the underwriting process for a public offer.

FAQs

What does "it was underwritten" mean?

It means that something, such as a project or event, received financial backing or a guarantee from an organization or individual.

How to use "it was underwritten" in a sentence?

You can use it to describe how a project obtained financial backing. For example: "The film "it was funded" by a grant from the National Endowment for the Arts, and "it was underwritten" by several private investors."

What can I say instead of "it was underwritten"?

You can use alternatives like ""it was funded"", "it was sponsored", or "it was backed" depending on the context.

Which is correct, "it was underwritten" or "it is underwritten"?

"It was underwritten" is used to describe something that happened in the past, while "it is underwritten" describes something that is currently being supported or guaranteed. The correct tense depends on the context.