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The government grant would be used not only to plan the program but to underwrite improvements in mass transit, including hundreds of rapid transit buses and East River ferries.
In addition, they said, the plan would call for expanding federal spending on mass transit and having the federal government help underwrite investments in cleaner, energy-efficient technologies.
Elsewhere, governments underwrite mortgage insurance.
Insurers manage and underwrite risks.
(Travelex agreed to underwrite the scheme).
No one will underwrite you".
It can also underwrite misgovernment and malfeasance.
Why underwrite unprofitable loans?
Two moves underwrite this idea.
If they underwrite six big IPOs, great.
I helped underwrite that film.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com