Definition, Meaning & Synonyms

assumable

Adjective

/əˈsuːməbl/

Definition

Capable of being assumed or taken for granted.

Examples

The mortgage on the house is assumable, allowing the buyer to take over the loan’s terms.
In our project, we considered several assumable risks that could affect our timeline.

Meaning

The term ‘assumable’ refers to something that can be accepted as true or taken on without proof. It often indicates that certain conditions or responsibilities can be taken over by someone else.