Definition, Meaning & Synonyms

assumpsit

Noun

/əˈsʌmpsɪt/

Definition

A legal term used in contracts and torts referring to an implied promise to perform a certain obligation.

Examples

The court ruled in favor of the plaintiff based on assumpsit, as the defendant failed to fulfill their promise.
In many business transactions, an assumpsit can arise from actions that imply a contract.

Meaning

Assumpsit is derived from the Latin phrase meaning ‘he has undertaken’ and is primarily used in common law to address breaches of contract where there is no formal written agreement.