Assumption

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assumption

Logic a statement that is used as the premise of a particular argument but may not be otherwise accepted

Assumption

Christianity
1. the taking up of the Virgin Mary (body and soul) into heaven when her earthly life was ended
2. the feast commemorating this, celebrated by Roman Catholics on Aug. 15

Assumption

 

(also, Dormition of the Virgin; Russian, uspen’e), a feast of the Orthodox Church in memory of the reputed death of the Virgin Mary, observed on August 15 (28). Ancient pagan rites of the slavs connected with the completion of the grain harvest in August were later absorbed into the Orthodox feast in Russia.

References in periodicals archive ?
While consultative leadership is one on one, collaborative leadership assumes that it is a group that is moving toward a decision.
Michael Gambrell, executive vice president, Basic Plastics and Chemicals, assumes executive oversight for Dow's activities in India, Middle East and Africa.
Hypothetically, assume that a tax preparation practice that was sold engaged in improper practices and procedures--such as encouraging clients to take a particular tax position that was very aggressive and/or wasn't adequately supported by the law or claiming unsubstantiated tax deductions.
However, the new code limits these designation rights by the same 210-day period in which debtors have to decide whether to assume or reject a lease.
6) Don't assume that direct exporting is your only option, when indirect exporting or a foreign location operation may be a more logical approach for getting started.
Due to concerns over the quality of the examinations, reliability of findings, and stability of service, the Criminal Justice Council asked the Santa Cruz County Sheriffs Office to submit a proposal concerning how it may assume administration of the team.
Assume that the agreement results in a continuing series of shipments or deliveries under the contract.
Other options for a company that doesn't wish to assume significant debt levels from an acquired company would be to require the target company to sell assets and reduce the debt level, or spin off a piece of the company prior to closing.
Researchers have theorized that it demands more of a social thinker to consider the situational influences on another's behavior than simply to assume that behavior reflects an internal attitude.
The rationale is often along these lines: "If it hasn't happened before, let's assume the risk and save the premium.
These models usually assume that expectations are adaptive but subsume them in the general dynamic structure of specific equations in such a way that the contribution of expectations alone is not identified.
For example, assume you bought a molding machine for $100,000 in cash and two months later the price of scrap significantly increased.