noun
assumption
The act of taking something on or into one's possession.
Her assumption of the director's duties begins on Monday morning.
Etymology
Latin ad- and sumere express taking something to oneself. Assumption names that act of taking on or taking possession, including accepting a role or acquiring control of something.
More examples
- The agreement provides for the buyer's assumption of the existing lease.
- Their assumption of responsibility reassured the staff.
- A formal assumption of ownership completed the transfer.
Similar words
- acceptance
- Emphasizes consenting to receive or undertake something.
- acquisition
- Emphasizes obtaining possession rather than taking on responsibility.