capable of being assumed, as an office or an obligation: Assumable mortgages are hard to find these days.
Assume vs. PresumeThe words assume and presume both mean that you take something for granted as being true, but the difference is based on how certain you are. Assume is typically used in situations where someone takes something as the truth with a very low level of certainty or with no proof at all. Presume usually involves a higher level of certainty and is used in situations …
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Origin of assumable
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Online Etymology Dictionary, © 2010 Douglas Harper