Financial and business terms. 2012.
Assumable — As*sum a*ble, a. That may be assumed. [1913 Webster] … The Collaborative International Dictionary of English
assumable — index constructive (inferential), ostensible Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
assumable — 1784, from ASSUME (Cf. assume) + ABLE (Cf. able). Related: Assumably; assumability … Etymology dictionary
assumable — assumability, n. assumably, adv. /euh sooh meuh beuhl/, adj. capable of being assumed, as an office or an obligation: Assumable mortgages are hard to find these days. [1775 85; ASSUME + ABLE] * * * … Universalium
assumable — adjective Of or pertaining to assumption. That would be the assumable outcome … Wiktionary
assumable mortgage — A home mortgage that allows the buyer to take over the seller s mortgage; that is, to step into the seller s shoes, make mortgage payments, and comply with other terms of the existing loan. Most lenders require the borrower to qualify for the… … Law dictionary
Assumable Mortgage — A type of financing arrangement in which the outstanding mortgage and its terms can be transferred from the current owner to a buyer. By assuming the previous owner s remaining debt, the buyer can avoid having to obtain his or her own mortgage.… … Investment dictionary
assumable — adjective see assume … New Collegiate Dictionary
assumable — adj. surmisable, can be assumed … English contemporary dictionary
assumable — as·sum·a·ble … English syllables
