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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 assumpsitb : an action to recover damages for breach of a contract
From the M-W Editors
Origin and Etymology of assumpsit
New Latin, he undertook, from Latin assumere to undertake
Law Dictionary
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
Learn More about assumpsit
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Britannica.com: Encyclopedia article about assumpsit
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