Usually means: Legal action for broken promises.
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We found 25 dictionaries that define the word assumpsit:

General (16 matching dictionaries)
  1. assumpsit: Merriam-Webster
  2. assumpsit: American Heritage Dictionary of the English Language
  3. assumpsit: Collins English Dictionary
  4. assumpsit: Wordnik
  5. assumpsit: Wiktionary
  6. assumpsit: Webster's New World College Dictionary, 4th Ed.
  7. assumpsit: Infoplease Dictionary
  8. assumpsit: Dictionary.com
  9. Assumpsit: Wikipedia, the Free Encyclopedia
  10. Assumpsit: Online Plain Text English Dictionary
  11. assumpsit: Webster's Revised Unabridged, 1913 Edition
  12. Assumpsit: AllWords.com Multi-Lingual Dictionary
  13. assumpsit: Webster's 1828 Dictionary
  14. assumpsit: FreeDictionary.org
  15. assumpsit: TheFreeDictionary.com
  16. assumpsit: Merriam-Webster

Business (8 matching dictionaries)
  1. assumpsit: Merriam-Webster Legal Dictionary
  2. assumpsit: Webster's New World Law Dictionary
  3. Duhaime's Canadian law dictionary (No longer online)
  4. THE 'LECTRIC LAW LIBRARY'S REFERENCE ROOM (No longer online)
  5. Glossary of Legal Terms (No longer online)
  6. Bouvier's Law Dictionary 1856 Edition (No longer online)
  7. Assumpsit: Legal dictionary
  8. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. assumpsit: Encyclopedia

Definitions from Wiktionary (assumpsit)

noun:  (law) A promise or undertaking, either express or implied, founded on a consideration.
noun:  (law) An action to recover damages for breach or nonperformance of such a promise.

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