underwriting
guaranteeing payment in case of damage or financial loss and accepting the financial risk for liability arising from such guarantee
en-US/ˈʌndɚˈɹaɪdɪŋ/
en-GB/ˌʌndəˈɹaɪtɪŋ/
guaranteeing payment in case of damage or financial loss and accepting the financial risk for liability arising from such guarantee