assumpsit Hear it!

assumpsit Definition

as·sump·sit (ə sump′sit)

noun

  1. an agreement or promise, written, spoken, or implied, and not under seal
  2. an action to recover damages for the nonfulfillment of such an agreement

Etymology: ModL < L, he has undertaken; 3d pers. sing., perf. indic., of assumere, assume

assumpsit Law Definition

n

Latin

  1. He undertook.
  2. An enforceable promise or undertaking that is not under seal.
  3. An action for expectation damages caused by the breach of a promise or a contract not under seal.
express assumpsit
Such a promise that is made orally or in writing.
implied assumpsit
Such a promise that is presumed due to individual’s conduct or the circumstances of the situation.
general assumpsit
An action based the breach of an implied promise or contract to pay a debt. Also called common assumpsit.
special assumpsit
An action for expectation damages based on the breach of an express promise or contract to pay a debt.
non assumpsit
A defendant’s claim, in the form of a pleading, that he or she did not promise or undertake any obligation as alleged in a complaint.

Browse dictionary entries near assumpsit

  1. ‹ assuming
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  6. ‹ Assuan
  7. ‹ assuage
  8. ‹ asst
  9. ‹ ASSR
  10. ‹ assortment
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