assumpsit

Meanings

• Noun

  A legal term in Roman- Dutch law, signifying an agreement, or promise, made by one party to another, to take or assume some debt or obligation, which has been incurred by a third person.

  - "The defendant assumpsit the debt of the creditor."
  - "The plaintiff brought an action against the defendant for the assumpsit of a debt."

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Variants

List of all variants of assumpsit that leads to same result
assumpsit , assumpsits

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Etymology

origin and the way in which meanings have changed throughout history.

From Latin assumpse, to take upon oneself.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Assumpsit was an important legal concept in Roman law and was adopted by many European legal systems, including Roman- Dutch law.

2. The term assumpsit is still used in modern legal contexts, particularly in South Africa and other countries with a Roman- Dutch legal tradition.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Contract: Assumpsit is a type of contract where one party agrees to assume the obligations of another.

2. Debt: Assumpsit refers to the assumption of debt or obligation by one party.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Assumpsit is a legal term with significant historical and cultural importance in Roman- Dutch law. It is often used in legal contexts to refer to a party's agreement to assume the debts or obligations of another.

How to Memorize "assumpsit"

1. visualize
   

   - Visualize a courtroom scene where one party is agreeing to assume the debts or obligations of another.

2. associate
   

   - Associate the term 'assumpsit' with the idea of one party taking on the debts or obligations of another.

3. mnemonics
   

   - Use the mnemonic 'Assume the Debts' to remember the meaning of assumpsit.

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