Assume Legal Meaning and Definition

Here is a simplified definition of the legal term Assume.

Assume (verb):

1. To accept or start having responsibility, liability, or an obligation that is connected with a particular matter. Example: When a firm is absorbed by another, the absorbing firm might assume the liabilities of the absorbed firm.
2. To take up a role or duty. Example: A person might assume the charge of an arbitrator (an impartial individual who resolves disputes).

In a legal context, 'assume' often indicates that a person, company, or other entity willingly accepts a role, responsibility, or obligation.