FT MarketWatch

Assumption

The taking over of an Obligation or Liability from another Party.

Related Terms: 3 Liability, Obligation, Party
Other Related Pages: Category: Lending_and_Credit Starting With: A
Additional Related Terms: 10-K, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service