What is an assumption?

Belief, logical construct, or unconfirmed fact. See assumptions for more. // Taking on (assuming) ... [BusinessDictionary.com] TERM OF THE DAY OCTOBER 12, 2016 [assumption] [facebook] [twitter] 1. Belief, logical [construct], or unconfirmed [fact]. See [assumptions] for more. 2. Taking on (assuming) the duties and powers of an [office], a [responsibility], or someone else's [obligation] (such as a loan). [Read more] USAGE EXAMPLE The policeman's assumption that all skateboarders were "punks" was proven wrong when several of the teens collected money to help the shop owner pay for his broken benches. FUNNY DEFINITION OF THE DAY [What does "meeting" mean? An assembly of people coming together to decide what person or department not represented in the room must solve a problem.] [Read more] TODAY'S LATEST [InvestorGuide Daily] [BlackBerry Is Ready for a Massive Turnaround: Buy Now] [BlackBerry Ltd's. (BBRY) turnaround seems to always be around the corner. The company has been hoping to turn its fortunes around under the leadership of John Chen, however, it has ...Read more] [InvestorGuide Stock of the Day] [St. Jude Medical (STJ): Heart Device Failure Linked to Two Deaths] [Shares of St. Jude Medical, Inc. (STJ) were trading down $2.43 (-3%) to $78.85 per share in Tuesday's premarket after the company issued a warning early this morning that some of ...Read more] RECOMMENDED LINKS [Business Dictionary Recommended] [Funny Definitions] [Our premier glossaries, InvestorWords.com and BusinessDictionary.com, have received high acclaim for providing the most clear, concise, and comprehensive ...] [BusinessDictionary.com] [Investor Guide Recommended] [Good Referrals for Financial Advisors Can Go Bad] [Even if the referral is honest and true, it still may not deliver the right person for you. Think of it in terms of interior decorators. Your mother may have a lovely home, but it ...] [InvestorGuide.com] [DQ] [Do you believe in UFOs? Why or why not?] [Have something to say? Don't be shy, answer this question and let us know what you think. Feeling adventurous? Then don't stop with one question and continue browsing!] [Daily-Question.com] DOWNLOAD OUR APP [Download BD Android] [Download BD iOS] Copyright 2016 WebFinance Inc. All Rights Reserved. BusinessDictionary.com Term of the Day is published by WebFinance Inc., the operators of [InvestorWords], [InvestorGuide], and [BusinessDictionary], and is sent only to those who have specifically requested it. [MANAGE SUBSCRIPTION] | [DISCLAIMER] 10201 Fairfax Boulevard, Suite 570, Fairfax, VA 22030