assumpsit

English

Etymology

Latin , he undertook, preterite of Latin assumere. See assume.

Noun

assumpsit (plural assumpsits)

  1. (law) A promise or undertaking, either express or implied, founded on a consideration.
  2. (law) An action to recover damages for breach or nonperformance of such a promise.

Derived terms

References
  • assumpsit in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913

Latin

Verb

assūmpsit

  1. third-person singular perfect active indicative of assūmō
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.