assumpsit
as·sump·sit
noun \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
Origin of ASSUMPSIT
New Latin, he undertook, from Latin assumere to undertake
First Known Use: 1590
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