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assumpsit

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noun as·sump·sit \ə-ˈsəm(p)-sət\

Definition of assumpsit

  1. 1 :  an express or implied promise or contract not under seal on which an action may be brought

  2. 2 a :  a former common-law action brought to recover damages alleged from the breach of an assumpsit b :  an action to recover damages for breach of a contract



Origin and Etymology of assumpsit

New Latin, he undertook, from Latin assumere to undertake


First Known Use: 1590


Law Dictionary

assumpsit

play
noun as·sump·sit \ə-ˈsəmp-sit\

Legal Definition of assumpsit

  1. :  an express or implied promise or contract or quasi contract the breach of which may be grounds for a suit; also :  a common-law action that may be brought for such a breach — compare covenant, debt



Additional Notes on assumpsit

The action of assumpsit developed in early English law and is still available in the U.S. in some jurisdictions.

Origin and Etymology of assumpsit

Medieval Latin, he/she undertook


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