Difference between Underwrite and Subvention

What is the difference between Underwrite and Subvention?

Underwrite as a verb is to write (something) below something else. while Subvention as a noun is a subsidy; provision of financial or other support.

Underwrite

Part of speech: verb

Definition: To write (something) below something else. To subscribe (a document, policy etc.) with one's name. To sign; to put one's name to. Specifically, to assume financial responsibility for something, and guarantee it against failure. To act as an underwriter. To support, lend support to, guarantee the basis of.

Subvention

Part of speech: noun

Definition: A subsidy; provision of financial or other support.

We hope you now know whether to use Underwrite or Subvention in your sentence.

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