pos·it

[poz-it]
verb (used with object)
1.
to place, put, or set.
2.
to lay down or assume as a fact or principle; postulate.
noun
3.
something that is posited; an assumption; postulate.

Origin:
1640–50; < Latin positus, past participle of pōnere to place, put

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World English Dictionary
posit (ˈpɒzɪt) [Click for IPA pronunciation guide]
 
vb
1.  to assume or put forward as fact or the factual basis for an argument; postulate
2.  to put in position
 
n
3.  a fact, idea, etc, that is posited; assumption
 
[C17: from Latin pōnere to place, position]

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Posit is an LSAT word you need to know.
So is vicious circle. Does it mean:
the possession or possessions of a particular owner, such as land or goods
the use of each of two terms to define the other, neither fully able to be sustained without the other
Etymonline
Word Origin & History

posit
1647, from L. positus, pp. of ponere "put, place" (see position).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
What I'm saying is, posit your conclusions as questions to the group.
But they posit an array of sensible suggestions that could help curb soaring
  delays.
Don't posit something that most other nations have.
Participants record short videos in which they ask a question or posit their
  opinion about whatever is on their mind.
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