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Webster's New World College Dictionary » assumpsit
assumpsit
assumpsit definition
as·sump·sit (ə sump′sit)
noun
- an agreement or promise, written, spoken, or implied, and not under seal
- an action to recover damages for the nonfulfillment of such an agreement
Etymology: ModL < L, he has undertaken; 3d pers. sing., perf. indic., of assumere, assume
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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