assume - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “assume”

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assume

verb [T]
 
 
/əˈsjuːm/
to begin to take control of something: assume control/office/a role Europe has assumed a leadership role in the prevention of future global crises.assume responsibility for sth The FSA said mortgages would not be affected when it assumed responsibility for the regulation of mortgage sales.assume a debt/mortgage/risk In addition to paying $3 billion in cash, the newspaper group will assume $600 million of the company’s debt.
to accept that something is true without being sure about it: We are assuming a 6% growth in sales.assume that We can safely assume that we are ahead of the competition with this product. Assuming that all goes well, how long is the project expected to take?
to be based on a particular idea: These figures assume that inflation will rise no higher than 2%.
(Definition of assume from the Cambridge Business English Dictionary © Cambridge University Press)
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