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

2a : 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

First Known Use of assumpsit

1590, in the meaning defined at sense 1

History and Etymology for assumpsit

New Latin, he undertook, from Latin assumere to undertake

Medieval Latin, he/she undertook

Keep scrolling for more

Learn More about assumpsit

Statistics for assumpsit

Look-up Popularity

Time Traveler for assumpsit

The first known use of assumpsit was in 1590

See more words from the same year

Keep scrolling for more

More Definitions for assumpsit

assumpsit

noun
as·sump·sit | \ə-ˈsəmp-sit \

Legal Definition of assumpsit 

: 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

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

More from Merriam-Webster on assumpsit

Britannica.com: Encyclopedia article about assumpsit

Comments on assumpsit

What made you want to look up assumpsit? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

evasion of direct action or statement

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble-tiles-that-read-scrabble-quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Citation

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!