Consideration vs Assumpsit - What's the difference?

consideration | assumpsit |


As nouns the difference between consideration and assumpsit

is that consideration is consideration (the process of considering) while assumpsit is (legal) a promise or undertaking, either express or implied, founded on a consideration.

consideration

English

Noun

(en noun)
  • The thought process of considering, of taking everything into account.
  • ''After much consideration, I have decided to stay.
  • Something considered as a reason or ground for a (possible) decision.
  • The tendency to consider others.
  • ''You showed remarkable consideration in giving up your place for your friend.
    ''Will you noisy children show some consideration and stop your infernal screaming? I'm trying to study!
  • A payment or other recompense for something done.
  • ''Sure I'll move my car, but only for a consideration .
  • (legal) A matter of inducement for something promised; something valuable given as recompense for a promise, which causes the promise to become binding as a contract.
  • *
  • *
  • Importance, claim to notice, regard.
  • * 1919 ,
  • [...] settled down on a small property he had near Quimper to live for the rest of his days in peace; but the failure of an attorney left him suddenly penniless, and neither he nor his wife was willing to live in penury where they had enjoyed consideration .

    assumpsit

    English

    Noun

    (en noun)
  • (legal) A promise or undertaking, either express or implied, founded on a consideration.
  • (legal) An action to recover damages for breach or nonperformance of such a promise.
  • (Wharton)
    (Webster 1913) ----