Preemies

Do I understand what "premise" means exactly?

<div>As per the title, I wanted to double-check if I correctly understood what "premise" means.</div><div>
</div><div>From what I've gathered, a "premise" is a statement or idea that you assume is correct (even if there's no solid proof) to base your argument on.</div><div>
</div><div>So I could say "He based his argument on the premise that all the calculations will be perfectly accurate", and that would mean the foundation of his argument is based on the calculations being correct.</div><div>
</div><div>Basically, premise = a statement you assume is correct, and you build your argument on. If the "premise" for an argument is false, then the argument falls.</div><div>
</div><div>I'd appreciate it if anyone could confirm my understanding!</div><div>
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