MLchartDataset catalogue

assume

Term · Law · MLC-T-LAW-000020

Generally, to take on liability or responsibility under a contract. In a bankruptcy case, an agreement by a debtor, subject to court approval, to continue to perform its obligations under certain contracts.

Table 1. Record
IdentifierMLC-T-LAW-000020
FieldLaw
ReferencesU.S. Courts Glossary of Legal Terms
Record as JSON 
{
  "id": "MLC-T-LAW-000020",
  "term": "assume",
  "field": "Law",
  "definition": "Generally, to take on liability or responsibility under a contract. In a bankruptcy case, an agreement by a debtor, subject to court approval, to continue to perform its obligations under certain contracts.",
  "references": [
    "U.S. Courts Glossary of Legal Terms"
  ],
  "url": "https://mlchart.com/terminology/law/assume/"
}

Record 20 of 241 in Law terminology (MLC-0107). Request the full dataset.