assumpsit

assumpsit

[uh-suhmp-sit]
noun Law.
1.
a legal action for a breach of contract or promise not under seal.
2.
an actionable promise.

Origin:
1605–15; < Latin: he has taken upon himself, he has undertaken

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World English Dictionary
assumpsit (əˈsʌmpsɪt)
 
n
law (before 1875) an action to recover damages for breach of an express or implied contract or agreement that was not under seal
 
[C17: from Latin, literally: he has undertaken, from assūmere to assume]

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