Assume Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Assume, written in plain English, along with examples of how it is used.

What is Assume?

(v) Assume is the action by which a person accepts a fact, meaning, obligations, liability etc attached or connected with the subject matter under reference. Eg. Assuming the liabilities of a firm when it is absorbed by another firm.2. Assuming the charge of the arbitrator