assume

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assume the mantle

To take, inherit, or receive the responsibilities and duties associated with a certain position or job, especially one regarded as important or powerful. The king led the country for over 60 years; now, his daughter will assume the mantle of the throne.
See also: assume

assume the position

1. To take over the role and responsibilities of a particular job. My boss wants me to assume the position of treasurer this year, but I don't know if I want the extra workload.
2. A command issued by US law enforcement officers, meaning to stand with one's back to the officer and hold one's arms in a position to be either handcuffed or frisked. Primarily heard in US, South Africa. I knew I was in trouble when they asked me out of the car, but I knew I was going to jail when they told me to assume the position.
See also: assume, position

assume liability for something

to accept the responsibility for paying a cost. Mr. Smith assumed liability for his son's student loans. The store assumed liability for the injured customer's hospital bills.
See also: assume

*low profile

Fig. a persona or character that does not draw attention. (*Typically: assume ~; have ~; keep ~; give oneself ~.) I try to be quiet and keep a low profile. It's hard because I just love attention.
See also: low, profile
References in periodicals archive ?
43 amount calculated without considering the effect of a junior mortgage, and is much more in line with the values of assumable financing uncovered in empirical studies.
TABLE 1 Value of Assumable Financing Value of Assumable Financing $8,689.
It is also possible for an assumable loan to have no value or to have a negative value.
The loan is non-recourse and assumable and enabled the borrower to recoup its equity investment in the subject property.
The lender charged a 1% fee for this assumable first mortgage.
The loan is non-recourse and is assumable by a qualified buyer with a 1% transfer fee at the time of the sale.
Another important HUD loan feature is that the loans are assumable, which can't be said for conventional loans.
All financing (including construction) is on a fixed-rate basis, requires no personal guarantees, is self-liquidating and is assumable without fee.
The loan does not require personal guarantees, is assumable without fee and can be prepaid after 5 years with a declining penalty and prepaid after the 10th year at par.