Definition of "sumption" []

• A taking (noun)
• The major premise of a syllogism. (noun)

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• "Behind this false as sumption was my complete misunderstanding of both God and the meaning of total commitment."
• "For the first time someone had made the correct as - sumption about Stefan's model."
• "SPVs are a form of financial engineering-based on the as - sumption of rising share prices-and use a ring-fenced mechanism whereby a lender takes downside risks when things go wrong."