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

A leading role: striving to be a leader in the industry, Assumption Life's next step is to upgrade and standardize its entire infrastructure.(Assumption Life)(Company Profile)
PART OF THE REASON striving to be a leader in financial services is such a challenge is that new business and technology approaches catch on fast, product niches fill up quickly and reaching for the next trend becomes a permanent posture. Still, Assumption Life's corporate mission...
Tags: IT Solutions Inc.
Research articles 2005-07-01
The deal: In its bid to buy Virginia-based US Airways Group Inc., UAL Corp. of Elk Grove Township has offered $4.3 billion in cash, or $60 per share, plus the assumption of $1.5 billion in debt and $5.8 billion in aircraft leases.(Brief Article)
The deal: In its bid to buy Virginia-based US Airways Group Inc., UAL Corp. of Elk Grove Township has offered $4.3 billion in cash, or $60 per share, plus the assumption of $1.5 billion in debt and $5.8 billion in aircraft leases. The players:...
Tags: aircraft, UAL Corp., United Airlines, US Airways Group Inc.
Research articles 2000-05-29
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
Smithfield Foods Inc., Smithfield, Va., announced June 27 it signed an agreement to acquire the European meats business of Sara Lee Corp. for $575 million, plus the assumption of pension liabilities.(MERGERS & ACQUISITIONS)(joint venture with Oaktree
Smithfield Foods Inc., Smithfield, Va., announced June 27 it signed an agreement to acquire the European meats business of Sara Lee Corp. for $575 million, plus the assumption of pension liabilities. Smithfield said it will finance the acquisition th Smithfield Foods Inc., Smithfield, Va., announced June...
Tags: agreement, M&A, Sara Lee Corp., Smithfield Foods Inc.
Research articles 2006-08-01
Senate will get assumption re bill. (reinsurance)
Sen Howard Metzenbaum (D-OH) and Sen Richard Bryan (D-NV) are planning to introduce a bill that would limit the use of assumption reinsurance contracts by insurance companies. The bill requires insurers to get the written consent of their policyholders before making an assumption reinsurance transaction. An American Council of Life...
Tags: FINANCE, Insurance, policyholder, reinsurance, Sen., U.S. Senate
Research articles 1994-03-28
Regulators clash over assumption re. (reinsurance)
Two state insurance commissioners disagreed over the issue of assumption reinsurance re regulation while testifying before the Senate Commerce Committee considering draft legislation. Texas Insurance Commissioner J. Robert Hunter testified that federal regulation was needed to prevent assumption re abuses and provide adequate consumer protection. Virginia Insurance Commissioner Steven T....
Tags: FINANCE, Government, Insurance, regulation, Regulations, reinsurance, U.S. Senate
Research articles 1994-05-30
FDIC approves the assumption of the insured deposits of The Farmers Bank & Trust of Cheneyville, Cheneyville, Louisiana.
M2 PRESSWIRE-19 December 2002-FDIC: FDIC approves the assumption of the insured deposits of The Farmers Bank & Trust of Cheneyville, Cheneyville, LouisianaC1994-2002 M2 COMMUNICATIONS LTD RDATE:12172002 The Board of Directors of the Federal Deposit Insurance Corporation FDIC today approved the assumption...
Tags: The Farmers Bank
Research articles 2002-12-19
Ashford Hospitality Trust completed the acquisition of a 21-property, 4,094-guestroom portfolio from Fisher Brothers, the Gordon Getty Trust and George Soros for $35 million in cash, $50.3 million in operating partnership units and the assumption of $164.
Ashford Hospitality Trust completed the acquisition of a 21-property, 4,094-guestroom portfolio from Fisher Brothers, the Gordon Getty Trust and George Soros for $35 million in cash, $50.3 million in operating partnership units and the assumption of $164.7 million in debt. The deal brings Ashford's portfolio to 9,346 guestrooms at 55...
Tags: acquisition, George Soros, partnership
Research articles 2005-04-04
Coca-Cola Femsa SA de CV signed a definitive agreement to buy Panamerican Beverages Inc. for $3.6 billion, including the assumption of $880 million debt - Business Briefs - Brief Article
Coca-Cola Femsa SA de CV signed a definitive agreement to buy Panamerican Beverages Inc. for $3.6 billion, including the assumption of $880 million debt. Coca-Cola Femsa, a unit of Fomento Economico Mexicano SA de CV, said Panamco Class A shareholders will receive a 1.82 billion cash payment. Holders of class...
Tags: Coca-Cola Co.
Research articles 2003-01-13
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
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
New Jersey-based Global Crossing Ltd.—which has its international headquarters in Miami—will buy Buenos Aires-based IMPSAT Fiber Networks Inc. for $336 million in cash and debt assumption
New Jersey-based Global Crossing Ltd.--which has its international headquarters in Miami--will buy Buenos Aires-based IMPSAT Fiber Networks Inc. for $336 million in cash and debt assumption. Global Crossing, one of the leading providers of IP-based communications in Latin America, hopes to expand its reach with IMPSAT, a broadband and satellite...
Tags: Global Crossing Ltd.
Research articles 2006-12-01
Constellation Brands Inc., an international producer and marketer of alcoholic beverages such as Corona beer and Fleischmann's vodka, completed the purchase of Canadian wine company Vincor International Inc. for $1.11 billion and the assumption of debt
Constellation Brands Inc., an international producer and marketer of alcoholic beverages such as Corona beer and Fleischmann's vodka, completed the purchase of Canadian wine company Vincor International Inc. for $1.11 billion and the assumption of debt. Constellation acquired all of the issued and outstanding common shares of Vincor for a...
Tags: beverage, Constellation Brands Inc., wine
Research articles 2006-06-12
Boeing Concludes Purchase of Aviall, Inc.; Boeing acquires Aviall, Inc. for $48 per share or $1.7 billion, plus the assumption of debt, net of cash existing on Aviall's balance sheet, of $448 million; ......
M2 PRESSWIRE-20 September 2006-BOEING: Boeing Concludes Purchase of Aviall, Inc.; Boeing acquires Aviall, Inc. for $48 per share or $1.7 billion, plus the assumption of debt, net of cash existing on Aviall's balance sheet, of $448 million; Aviall is the largest independent provider of new aviation...
Tags: Aviall Inc., aviation, Boeing Co., FINANCE, Investment, Manufacturing, SEC, SOFTWARE, Strategy
Research articles 2006-09-20
Jupitermedia Corp. sold its JupiterResearch division for $10.1 million in cash and the assumption of certain liabilities, to JupiterKagan, Inc.(Business & Finance)(Brief article)
Jupitermedia Corp. sold its JupiterResearch division for $10.1 million in cash and the assumption of certain liabilities, to JupiterKagan, Inc., a portfolio company of MCG Capital Corp. [www.jupitermedia.com].
Tags: FINANCE, Jupiter Research, Jupitermedia Corp.
Research articles 2006-07-01
FSI Capital, LLC Announces Completion of the Assumption of Collateral Management of 18 CDOs
NEW YORK -- FSI Capital, LLC ("FSI Capital"), the parent company of Solidus Capital, LLC ("Solidus"), announces today that Solidus has successfully assumed the collateral management of eighteen (18) ABS collateralized debt obligations ("CDOs") formerly managed by ACA Management, L.L.C. Stephan R. Kuppenheimer, Chief Executive Officer of FSI Capital,...
Tags: Australian Communications Authority, FINANCE, Investment, LLC
Research articles 2008-06-12
Assumption College
DR. MARY BEADLE has been named provost of Assumption College (Mass.). She had most recently been dean of the graduate school at John Carroll University. Beadle holds a bachelor's from Mary Manse College and a master's and doctorate from Kent State University.
Tags: Kent State University
Research articles 2007-07-12
Closely following its purchase of Comstock Images, Jupitermedia Corp. has acquired the assets of ThinkStock and ThinkStock Footage, a stock image and stock footage business, for $4 million in cash, the assumption of certain liabilities and 50,000 restri
Closely following its purchase of Comstock Images, Jupitermedia Corp. (Darien, CT) has acquired the assets of ThinkStock (Charlotte, NC) and ThinkStock Footage, a stock image and stock footage business, for $4 million in cash, the assumption of certain liabilities and 50,000 restricted shares of Jupitermedia common stock. The purchase adds...
Tags: asset, FINANCE, Investment, Jupitermedia Corp., stock
Research articles 2004-08-16
MainSource Bank and First Financial Bank Announce Purchase and Assumption Agreement
MainSource Financial Group, Inc. (NASDAQ: MSFG) -- Daryl R. Tressler, Chairman and Chief Executive Officer of MainSource Bank today announced that MainSource Bank has executed a purchase and assumption agreement with First Financial Bank, N.A. to purchase five branch locations with one office in each of Madison, East Enterprise and...
Tags: First Financial Bank, MainSource Financial Group
Research articles 2006-04-25
Basell, a manufacturer of polyolefins, will acquire the outstanding common shares of Lyondell Chemical Co. for $48 per common share with a total enterprise value of approximately $19 billion, including the assumption of debt
Basell, a manufacturer of polyolefins, will acquire the outstanding common shares of Lyondell Chemical Co. for $48 per common share with a total enterprise value of approximately $19 billion, including the assumption of debt. Lyondell's three business segments--ethylene, co-products and derivatives; propylene oxide and related products; and refining--will strengthen Basell's...
Tags: Lyondell Chemical Co.
Research articles 2007-08-01
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