Assumpsit
Definition & Meaning
Part of speech noun
Quick meaning: Assumpsit is a noun meaning (law) A promise or undertaking, either express or implied, founded on a consideration.
Meaning
(law) A promise or undertaking, either express or implied, founded on a consideration.
More Meanings
- (law) An action to recover damages for breach or nonperformance of such a promise.
Word Forms
- assumpsits
Related Words
Related dictionary entries include guaranty, guarantee, pledge, assithment, bargain, suretyship.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.