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Your argument is based on a completely false assumption.
There is an assumption that all the people who live around here are rich.
People tend to make assumptions about you based on your appearance.
The law works on the assumption that it is preferable for children to be with their mother.
This is the British English definition of assumption. View American English definition of assumption.
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a percussion instrument used by football fans which makes a rattling sound when shaken
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… the decision to treat the rights and duties of a company as being the same as the rights and duties of its shareholders
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