Dictionary

assumpsit

noun as·sump·sit \ə-ˈsəm(p)-sət\

Definition of ASSUMPSIT

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

New Latin, he undertook, from Latin assumere to undertake
First Known Use: 1590

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