Assumpsit Definition

ə-sŭmpsĭt
noun
An agreement or promise made orally or in writing not under seal; a contract.
American Heritage
An agreement or promise, written, spoken, or implied, and not under seal.
Webster's New World
A legal action seeking compensation for the nonperformance of a contract that was not officially approved or recorded.
American Heritage
An action to recover damages for the nonfulfillment of such an agreement.
Webster's New World
He undertook.
Webster's New World Law

Other Word Forms of Assumpsit

Noun

Singular:
assumpsit
Plural:
assumpsits

Origin of Assumpsit

  • New Latin assūmpsit from third person sing. perfect tense of Latin assūmere to undertake assume

    From American Heritage Dictionary of the English Language, 5th Edition

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

    From Wiktionary

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