premise
US /ˈprem.ɪs/
UK /ˈprem.ɪs/

1.
a previous statement or proposition from which another is inferred or follows as a conclusion
:
•
The argument was based on a false premise.
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His entire theory rests on the premise that humans are inherently good.
2.
a house or building, together with its land and outbuildings, granted or conveyed by deed
:
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The company is relocating to new premises next month.
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No smoking is allowed on these premises.