assumpsit
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English
[edit]Etymology
[edit]Borrowed from Latin assūmpsit (“he undertook, preterite of assūmere”). Doublet of assume.
Noun
[edit]assumpsit (plural assumpsits)
- (law) A promise or undertaking, either express or implied, founded on a consideration.
- (law) An action to recover damages for breach or nonperformance of such a promise.
Derived terms
[edit]References
[edit]- “assumpsit”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.
Latin
[edit]Verb
[edit]assūmpsit