It is celebrated on 15 August, every year.
The Assumption is the Solemnity which celebrates the day when the Blessed Virgin Mary was assumed into heaven at the end of her life.
An unwarranted assumption is a lot like jumping to conclusions. It means that based on insufficient information or knowledge, you determine (perhaps in error) the meaning of something.
Technique of risk management (better known as retention or Self-Insurance) under which an individual or business firm assumes expected losses that are not catastrophic, but protects against...