assumption of debts meaning in English

承担债务

5 . payment cash , assets exchange , assumption of debt , creditor payment and hybrid payment are the five feasible means of payment in backdoor listings
五、价款支付方式国内买壳上市的价款支付方式主要有现金支付、资产置换支付、债权支付、混合支付、承担债务的零成本收购等5种方式。
In traditional civil law , the transfer of the obligation was one of the reasons for the elimination of obligation , which had the functions of fulfilling the obligatory right , transferring the obligation , simplifying juridical relation and protecting the legal benefit of the creditor . it is the system which can not be replaced with the systems of assignment of credit , assumption of debts and modification of obligation
债的更新是传统民法中债权消灭的原因之一,具有实现债权、移转债务、简化法律关系、保护债之当事人合法权益的功能,是债权让与、债务承担、债的变更制度无法替代的制度。