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assume
(redirected from assumer)

   Also found in: Dictionary/thesaurus, Legal 0.04 sec.
*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

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.


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If dissolving on an assumer basis, it must certify an individual, corporation or qualified entity will assume responsibility for any future taxes due.
 
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