What's the difference between funding and underwriting?

Funding


Definition:

  • (p. pr. & vb. n.) of Fund
  • (a.) Providing a fund for the payment of the interest or principal of a debt.
  • (a.) Investing in the public funds.

Example Sentences:

  • (1) This may have significant consequences for people’s health.” However, Prof Peter Weissberg, medical director of the British Heart Foundation, which funded the work, said medical journals could no longer be relied on to be unbiased.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
  • (4) Neal’s evidence to the committee said Future Fund staff were not subject to the public service bargaining framework, which links any pay rise to productivity increases and caps rises at 1.5%.
  • (5) It comes as the museum is transforming itself in the wake of major cuts in its government funding and looking more towards private-sector funding, a move that has caused some unease about its future direction.
  • (6) The Department for International Development (DfID) defines funding provided under the VUP as "financial aid to government".
  • (7) Last week the WHO said the outbreak had reached a critical point, and announced a $200m (£120m) emergency fund.
  • (8) She was clearly elected on a pledge not to cut school funding and that’s exactly what is happening,” Corbyn said.
  • (9) That’s a criticism echoed by Democrats in the Senate, who issued a report earlier this month criticising Republicans for passing sweeping legislation in July to combat addiction , the Comprehensive Addiction and Recovery Act (Cara), but refusing to fund it.
  • (10) The organisation initially focused on education, funding the Indian company BYJU’s, which helps students learn maths and science, and the Nigerian company Andela, which trains African software developers.
  • (11) Similarly, I would like to see fully funded and resourced public services.
  • (12) It is anomalous that the world is equipped with global funds to finance action on infectious diseases and climate change, but not humanitarian crises.
  • (13) Two years later, Trump tweeted that “Obama’s motto” was: “If I don’t go on taxpayer funded vacations & constantly fundraise then the terrorists win.” The joke, it turns out, is on Trump.
  • (14) For further education, this would be my priority: a substantial increase in funding and an end to tinkering with the form of qualifications and bland repetition of the “parity of esteem” trope.
  • (15) The green fund contributions already announced (which include a $3bn pledge by the US and a $1.5bn pledge by Japan revealed during the G20 summit) “show very clearly that if we want the emerging countries and the more fragile countries to participate in this global growth, we have to ... support them,” Hollande said.
  • (16) Part of his initial lump sum will be donated to a fund to replace a hall destroyed by fire in an arson attack four years ago at St Luke’s Church in Newton Poppleford.
  • (17) #kflead May 21, 2014 The King's Fund IKS (@kingsfund_lib) Hope you enjoyed @GregSearle2012 's #kflead workshop!
  • (18) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (19) We know that from the rapid take up of crowd funded renewables investors are actively looking for a more secure option.
  • (20) "If necessary we will promote and encourage new laws which require future WHO funding to be provided only if the organisation accepts that all reports must be supported by the preponderance of science."

Underwriting


Definition:

  • (p. pr. & vb. n.) of Underwrite
  • (n.) The business of an underwriter,

Example Sentences:

  • (1) A new bill, to be published this week with the aim of turning it into law by next month, will allow the government to use Britain's low borrowing rates to guarantee the £40bn in infrastructure projects and £10bn for underwriting housing projects.
  • (2) The Hippocratic concept of preceptor education as an alternative has much to recommend it in replacing the present system, which underwrites the cost of student education through research grants and subsidies, but greatly neglects the continuing education of the practicing physician.
  • (3) Our presence underwrites the multi-use legacy of the stadium and our contribution alone will pay back more than the cost of building and converting the stadium over the course of our tenancy.” West Ham added in a later statement: “The worldwide draw of hosting the most popular and watched football league in the world in such an iconic venue will add value to any sponsorship and commercial agreements related to the stadium, which the public purse stands to further benefit from.
  • (4) A group of ex-miners appear to have been wooed by Osborne when he visited them ahead of a trip to the Thoresby colliery in Nottinghamshire earlier this month to announce the government would underwrite a fuel-benefit scheme.
  • (5) These insurers underwrite coverage for over 100 million people.
  • (6) What if the giant corporation such as IBM, Xerox, General Electric, General Motors, and so forth, established programs to underwrite the cost of long-term care?
  • (7) Efforts to reform the small group market include making insurance more available by restricting the use of medical underwriting to deny access, and compressing rates to make it more affordable for high-risk groups.
  • (8) He clearly does not want to bite the ministerial hand that feeds but admits changes introduced as part of the government's electricity market reform policy – such as contracts that underwrite the price of renewable and nuclear-generated power – has had a dampening effect on the market.
  • (9) Other Republicans have called on the administration to underwrite the $122bn start-up costs of 19 nuclear reactors, whose applications are now under review by the department of energy.
  • (10) She said she had attempted to get it covered but no underwriters were willing to offer insurance as there were only about 500 in the world and a suitable replacement would be likely to cost more than £30,000.
  • (11) "We've got to build more homes – that means changing the planning laws, and at the same time underwriting the purchase and the construction of homes – we're doing that.
  • (12) Axa's claims and underwriting director then became involved and, with some persuading from us, you and he had a conversation about the discrepancies in your two stories.
  • (13) He added that the three new risks were the US, where corporate debt underwriting standards were "weakening rapidly"; the possibility that a flood of cheap money from developed countries could de-stabilise emerging markets; and the dangers involved in unwinding prolonged monetary easing in America.
  • (14) The documents show that Chappell’s consortium, Retail Acquisitions, defaulted on a loan a week after buying BHS, leading to higher charges, and that his advisers explored the possibility of Green underwriting the professional fees he had to pay to buy BHS.
  • (15) Read more “The project has already used £37.4m of public money and the agreement to underwrite cancellation costs by the government could bring the bill to the taxpayer up to £46.4m,” the report said.
  • (16) As a temporary method of correction joint underwriting associations appear to be the most practical suggestion.
  • (17) Britain has contributed around £1bn to the European Financial Stability Mechanism (EFSM), but the funds have remained outside a scheme used to underwrite short-term loans to Greece following a deal between the UK and Brussels in 2010 stipulating that UK funds would only be used to protect the EU.
  • (18) And it could be a goldmine for insurance companies, able to find out everything they ever wanted to know about the risk they're underwriting.
  • (19) The increase from 1947-50 to 1961-5 in mortality during all episodes of ischaemic heart disease was the same in the doctors as in the male population of England and Wales at 45-54, but at 55-64 it was less.The results in the doctors are not due to alterations over the period in length of sickness absence, or underwriting policy, or of the nomenclature used on the certificates.Well-documented changes in the smoking habits of doctors may be partly responsible for what appears to have been a relatively favourable experience of ischaemic heart disease from 1947-50 to 1961-5, especially at ages 55-64.Incidence of duodenal ulcer at ages 35-64 declined steadily in this population of doctors from 1947-50 to 1961-5.
  • (20) In this paper I compute the actual and allowable normal underwriting profit rates in medical malpractice, as well as in other liability lines, for six large insurance companies.

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