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The phrase "underwrite the costs of" is correct and usable in written English.
It can be used when discussing financial support or funding for a project, event, or initiative. Example: "The organization agreed to underwrite the costs of the community festival to ensure its success."
Exact(11)
This money is intended to underwrite the costs of his four-year campaign in the tribal areas, a crucial American concern.
The companies – such as Kraft Foods and Frito-Lay – whose products are diverted from landfill underwrite the costs of collecting and processing them into new products.
Along with the recent grant to GlaxoSmithKline, federal officials have also been giving grants to drug makers worth tens of millions of dollars to help them underwrite the costs of developing new antibiotics.
The court also required the Democrats to fork over $800,000 to help underwrite the costs of printing new ballots and other expenses that will arise from the decision.
According to a prominent banker in Zimbabwe, who acted as a go-between for the Zanu-PF, the broker would have to "underwrite the costs of whatever agreement emerged.
As is typical of Silicon Valley's doublespeak, though, its project of space exploitation is presented as yet another step in human emancipation, with Google and Facebook promising to underwrite the costs of connectivity, if only more people worldwide would start using their services.
Similar(47)
Most visitors thank him, with many gladly making donations to underwrite the cost of the statue restorations.
The idea that the South Australian taxpayer should underwrite the cost of a nuclear waste dump, underwrite the cost of a nuclear power station, and then provide both with "free" insurance is as bizarre as it is expensive.
He has argued that time-shares and big-box retailers would help underwrite the cost of the amusements.
Essentially, companies buy compensation insurance and their premiums underwrite the cost of running the system and all claims.
In the more established field of litigation finance, investors who underwrite the cost of a lawsuit get 5 percent to 50 percent of any legal settlement or jury award.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com