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assumpsit
From Wiktionary, the free dictionary
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English
Etymology
Borrowed from Latin assūmpsit (“he undertook”), preterite of assūmere. Doublet of assume.
Noun
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
References
- “assumpsit”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.
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Latin
Verb
assūmpsit
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