v. to take over the liability for a debt on a promissory note, wh...

An agreement to continue performing duties under a contract or lease.

1 to think or accept that something is true but without having proof of it assume (that)… It is reasonable to assume (that) the economy will continue to improve. Let us assume for a moment that the pl [..]

(1) To reinsure all or part of another insurer's risk. (2) A risk management technique involving the retention of risk (e.g., self-insurance).

early 15c., assumpten "to receive up into heaven" (especially of the Virgin Mary), also assumen "to arrogate," from Latin assumere, adsumere "to take up, take to oneself, take [..]

to take on a quality associated with something else.

1) To take over another person's rights and/or obligations. For example, one person might assume another's car lease, residential lease, or debt. 2) In bankruptcy, for the bankruptcy trustee [..]

take to be the case or to be true; accept without verification or proof; "I assume his train was late" take on titles, offices, duties, responsibilities; "When w [..]

as·sumed as·sum·ing 1 : to voluntarily take upon oneself [ a risk] 2 : to take over (the debts or obligations of another) as one's own [ a mortgage]

The act of accepting a risk from a cedant in consideration of payment of a premium.

(v) take to be the case or to be true; accept without verification or proof(v) take on titles, offices, duties, responsibilities(v) take on a certain form, attribute, or aspect(v) take on as one' [..]

An agreement to continue performing duties under a contract or lease.

v. to take over the liability for a debt on a promissory note, which is often done by the buyer of real property which has a secured debt upon it. Example: Anil Jain pays part of the price of a piece [..]

To authenticate by means of belief; to surmise; to suppose to be true, especially without proof. (We assume that, as her parents were dentists, she knows quite a bit about dentistry.) *(1688-1744 [..]