Assumption: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Assumption

  • the conditions under which valid results can be obtained from a statistical technique

Wiktionary Definition for: Assumption

  • #The act of assuming, or taking to or upon one's self; the act of taking up or adopting.
  • #The act of taking for granted, or supposing a thing without proof; supposition; unwarrantable claim.
  • #The thing supposed; a postulate, or proposition assumed; a supposition.
  • #The minor or second proposition in a categorical syllogism.
  • #The taking of a person up into heaven.
  • #A festival in honor of the ascent of the Virgin Mary into heaven.

Additional Resources

Archive Items Now?
Byline: Will Leitch Most reps work under the assumption that all their professional correspondence could be scrutinized, and the SEC now is telling them that assumption is dead on. At an "SEC Speaks" conference in Washington...
Tags: archiving, e-mail, SEC
Research articles 2004-05-01
Asset Allocation For Psych Majors
The bulk of research on financial and portfolio theory relies on the assumption that investment returns have statistical properties corresponding to some flavor of normal distribution. While this assumption leads to an extensive and impressive mathematical framework for managing money, even the leading purveyors of Modern Portfolio Theory admit its...
Tags: Asset, Assumption, Asset Allocation, Asset Management, Operational Planning, Business Operations
White papers 2002-03-15
Personal Improvement & Growth
Article provides some explanation of a technique of reducing stress and producing good contacts and prospects. The underlying assumption here is that someone in the business or company that is about to be cold called could have requested information about your product or service. This assumption could include Internet inquiries,...
Tags: Article, Information, Assumption, Internet, Sales Tools, Productivity, Sales
White papers 2003-09-16
What's the Best Way to Calm a Grumpy Boss?
What's the Best Way to Calm a Grumpy Boss?Seriously?I love the part that says "Ask your boss what is troubling her." Nice assumption that it is a woman. Do people seriously never learn?Seriously!Well, that was the author's pronoun, not mine, but... If he had said, "Find out what's troubling...
Tags: Grumpy Boss
Discussion threads 2007-10-24
EACO Corporation Announces Property Purchase
NEPTUNE BEACH, Fla. -- First graph, end of second sentence should read: ...plus the assumption of a loan on the property for $1.8 million with a variable interest rate equal to prime. (sted ...plus the assumption of a loan on the property for $1.8 million with a variable interest rate...
Research articles 2005-11-23
The Third Wave: Mastering Business Process Management
When an organization adopts a new tool, a common assumption is that training is a binary proposition, i.e., that people are either trained, or they are not. Experience indicates that this assumption is flawed. This article is based on a seven-stage model of expertise that describes what people actually go...
Tags: Business Process, BPM, Article, Operational Planning, Business Process Automation, Strategy, Business Operations, It Operations, Management
White papers 2005-05-01
Negotiating Responsibility in Strategy Implementation
Implementation often occupies a problematic position in accounts of strategy. It is often seen as a separate and low level activity. The assumption of separateness contradicts empirical evidence, while the assumption of low level activity portrays implementation as simple and automatic despite evidence that implementation often fails. This paper proposes...
Tags: Implementation, Real Estate, Strategy, Business Operations, Management
White papers 2006-01-18
Dynamic Pricing of Network Goods With Boundedly Rational Consumers
An important simplifying assumption made when analyzing goods that display positive network e?ects is that potential consumers can form a rational expectation of the equilibrium demand for the good, and that they all form the same expectation, which is then fulfilled based on their consumption choices - sometimes called a...
Tags: IBM Corp., Pricing, New York University, Pricing Strategy, Network, Networking, Marketing Research, Marketing
White papers 2005-01-01
AIG Highstar Capital Agrees to Sell Major Midwestern Gas Pipeline to GE Commercial Finance and Caisse de depot et placement du Quebec
NEW YORK -- First graph, last sentence should read xxx The purchase price is $362 million, plus the assumption of $476 million in debt and preferred stock. (sted The purchase price is $362 million, plus the assumption of $467 million in debt and preferred stock.)
Tags: finance, General Electric Co.
Research articles 2005-07-11
Retirement Plan Accounting Assumptions at Year-End 2005
This paper provides a range of expected discount rates based on economic indices as of November 2005, as well as some comments regarding the selection of discount rates, expected rates of return on assets, and inflation assumption for the purposes of complying with U.S. and/or international accounting standards. The discount...
Tags: Hewitt Associates LLC, Accounting, Assumption, Inflation, Currency & Foreign Exchange, Operational Accounting, Financial Services, Finance
White papers 2005-12-01
The Limits Of Risk Management - A Social Construction Approach
This paper sets out to demonstrate that the traditional approach to risk management is based on a flawed assumption regarding the objectivity of risk. Risk management is generally seen as a possible remedy for the frequent failure of ISD Information Systems Development efforts. The idea behind traditional risk management is...
Tags: Risk Management, Argument, Financial Planning, Financial Services, Strategy, Security, Finance, Management
White papers 2003-12-30
Smithfield Foods, Inc - acquires Packerland Holdings Inc - Brief Article
Smithfield Foods, Inc. completed the acquisition of Packerland Holdings, Inc., the fifth largest beef processor in the United States, for $250 million, including the assumption of debt. Smithfield Foods acquired 100 percent of the outstanding capital shares of Packerland in exchange for approximately 6.4 million shares of Smithfield common stock...
Tags: Smithfield Foods Inc.
Research articles 2001-10-29
Honeywell.(IN THE NEWS)
Honeywell agreed to sell Indalex Aluminum Solutions IAS for $425 million in cash, plus the assumption of pension and ... Honeywell agreed to sell Indalex Aluminum Solutions IAS for $425 million in cash, plus the assumption of pension and other liabilities, to an affiliate...
Tags: Honeywell International Inc.
Research articles 2005-11-01
Pilot Software Announces New Partners Assumption Analysis, ClearAnalytics, Firewhite Consulting, ManageThePipe and MSTART.com
Pilot® Software, a provider of operational performance management solutions, today announced the addition of new partners to its Pilot Partner Alignment program. Forming relationships with companies based on a proven track record of success in their respective markets and/or technology focus, Pilot's partner program is designed to enhance and accelerate...
Tags: Pilot Software
Research articles 2004-08-02
Fitch Rates NGPL PipeCo $3B Sr Notes 'BBB-'; MidCon LLC 'BBB-'; Outlook Stable
NEW YORK -- Fitch Ratings assigns NGPL PipeCo LLC PipeCo's offering of $3 billion in senior unsecured notes a 'BBB-' rating. Fitch expects to maintain the same rating upon the assumption of the obligation by MidCon LLC MidCon. The notes initially will be issued by PipeCo and will not be...
Tags: Microsoft Outlook
Research articles 2007-12-13
Private equity firm Hellman & Friedman (New York) has agreed to acquire Getty Images (New York) for $2.4 billion, including the assumption of debt.
Private equity firm Hellman & Friedman New York has agreed to acquire Getty Images New York for $2.4 billion, including the assumption of debt. Under terms of the deal, Getty stockholders will ... Private equity firm Hellman & Friedman New York has agreed to acquire...
Tags: Getty Images, private equity
Research articles 2008-03-17
Generalized Minimum Bias Models
This paper proposes a flexible and comprehensive approach for minimum bias models - "Generalized Minimum Bias Models"GMBM. Unlike the Generalized Linear Models GLMs that require the exponential family distribution assumption of response variables, the GMBM approach relaxes the distribution assumption. In addition, due to its model selection flexibility, it believes...
Tags: Casualty Actuarial Society
White papers 2005-01-18
ZEL TECHNOLOGIES AWARDED CONTRACT TO DEVELOP AUTOMATED ASSUMPTION WITH INTELLIGENCE PREPARATION OF THE A2IPB.
According to the DoD., Zel Technologies, Limited Liability Co., Hampton, Va., is being awarded a $24,900,000 indefinite-delivery/ indefinite-quantity contract to develop and enhance the automated assumption with intelligence preparation of the battle spacAccording to the DoD., Zel Technologies, Limited Liability Co., Hampton, Va., is being awarded a $24,900,000 indefinite-delivery/ indefinite-quantity...
Tags: Air Force
Research articles 2003-06-19
Harrington West Financial Group, Inc Announces Completion of Purchase and Assumption of Thousand Oaks, California Banking Office
SOLVANG, Calif. -- Harrington West Financial Group, Inc. (NASDAQ:HWFG), the holding company for Los Padres Bank, FSB and its division, Harrington Bank, today announced that it had successfully completed the purchase and assumption of $42.8 million in deposits from Western Financial Bank in the Thousand Oaks, California market for a...
Research articles 2005-05-27
A.M. Best Affirms Rating of Assumption Mutual Life
Business/Insurance Editors
Tags: A.M. Best Co.
Research articles 2001-01-22
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