Noun: assumpsit u'súm(p)-sit
- (law) a promise or undertaking, founded on consideration, that may be oral or in writing not under seal
"The contract was based on an assumpsit between the parties"
- (law) an action to recover damages for breach or nonperformance of a contract or promise, express or implied, oral or in writing not under seal
"The plaintiff filed an assumpsit against the defendant for breach of contract"
Derived forms: assumpsits
Encyclopedia: Assumpsit