Assumed bond



a bond issued by one corporation and assumed as an obligation by another.

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  • Assuming

    taking too much for granted; presumptuous. to take for granted or without proof: to assume that everyone wants peace. Synonyms: suppose, presuppose; postulate, posit. to take upon oneself; undertake: to assume an obligation. to take over the duties or responsibilities of: to assume the office of treasurer. to take on (a particular character, quality, mode […]

  • Assumingly

    taking too much for granted; presumptuous. adjective expecting too much; presumptuous; arrogant conjunction (often foll by that) if it is assumed or taken for granted (that): even assuming he understands the problem, he will never take any action



  • Assumpsit

    a legal action for a breach of contract or promise not under seal. an actionable promise. Historical Examples One of the earliest references to what a promisor was to have for his undertaking was in the action of assumpsit. The Common Law Oliver Wendell Holmes, Jr. In this, as in the earlier case, the issue […]

  • Assumption

    something taken for granted; a supposition: a correct assumption. Synonyms: presupposition; hypothesis, conjecture, guess, postulate, theory. the act of taking for granted or supposing. Synonyms: presumption; presupposition. the act of taking to or upon oneself. Synonyms: acceptance, shouldering. the act of taking possession of something: the assumption of power. Synonyms: seizure, appropriation, usurpation, arrogation. arrogance; […]



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