assumpsit

noun

as·​sump·​sit ə-ˈsəm(p)-sət How to pronounce assumpsit (audio)
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

Word History

Etymology

New Latin, he undertook, from Latin assumere to undertake

First Known Use

1590, in the meaning defined at sense 1

Time Traveler
The first known use of assumpsit was in 1590

Dictionary Entries Near assumpsit

Cite this Entry

“Assumpsit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/assumpsit. Accessed 29 Nov. 2024.

Legal Definition

assumpsit

noun
as·​sump·​sit ə-ˈsəmp-sit How to pronounce assumpsit (audio)
: 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.

Etymology

Medieval Latin, he/she undertook

More from Merriam-Webster on assumpsit

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