While this was always true, it was unlikely that committee members would be held personally liable while the government was underwriting the costs.

After this year if the government no longer underwrite losses, will banks be willing to provide overdraft facilities?

Two regional governments have underwritten the costs of constructing and operating it for at least 20 years.

If local government can underwrite early stage investments, as is happening in some places, then major flows of private sector investment can be secured.

For decades government in America has underwritten the cost of driving and helped industry steer us to auto dependence.

In a number of countries governments underwrite mortgage insurance.

Finally, the government is underwriting research that it hopes will speed the creation of vaccines against the disease, Mr. Leavitt said.

As a result, the federal government is underwriting much of the cost of the new operations.

The mortgage indemnity scheme, in which the government will underwrite part of the risk to lenders, could help up to 100,000 people in England.

The government replaces private investors and underwrites dead-end research.