3 TermsHome > Terms > English, UK (UE) > Assumption
Assumption
An agreement where the purchaser agrees to make the payments on an existing mortgage on the property The original borrower remains liable unless he is specifically released
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Accounting
- Category: Tax
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Culture Category: Popular culture
Nut Rage
An inflight incident that forced a Korean Air plane back to the gate on December 5, 2014 sparked a major backlash in South Korea and hogged headlines ...
Contributor
Featured blossaries
Browers Terms By Category
- Hair salons(194)
- Laundry facilities(15)
- Vetinary care(12)
- Death care products(3)
- Gyms(1)
- Portrait photography(1)
Consumer services(226) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)
Dairy products(1013) Terms
- Ceramics(605)
- Fine art(254)
- Sculpture(239)
- Modern art(176)
- Oil painting(114)
- Beadwork(40)
Arts & crafts(1468) Terms
- Organic chemistry(2762)
- Toxicology(1415)
- General chemistry(1367)
- Inorganic chemistry(1014)
- Atmospheric chemistry(558)
- Analytical chemistry(530)
Chemistry(8305) Terms
- General architecture(562)
- Bridges(147)
- Castles(114)
- Landscape design(94)
- Architecture contemporaine(73)
- Skyscrapers(32)