insure

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insure

(in-shoor′) [ME. insuren, ensuren]
1. To make sure or certain.
2. To make safe or secure.
3. To protect against injury, loss, or expense.
4. To make a contract specifying the terms of such protection.
5. To buy or sell insurance.
References in periodicals archive ?
Some factors, however, suggest that PMI companies may be more likely than Fannie Mae or Freddie Mac to insure a higher proportion of mortgages extended to lower-income borrowers.
Profit-oriented purchasers or insurers of mortgages, such as Fannie Mae, Freddie Mac, and PMI companies, guard against adverse selection by setting stricter underwriting standards than they would if they had full information about the risk of the mortgages they buy or insure and by closely monitoring the adherence of mortgage originators to these standards.
The FHA cannot insure mortgages that are larger than legislated limits.