Gumption \GUHMP-shuhn\ , noun;
1. Initiative; aggressiveness; resourcefulness
2. Courage; spunk; guts
This word is first attested in 1719 from Scottish English "common sense, shrewdness" and "drive, initiative." It may be connected to Middle English gome ("attention, heed") from Old Norse gaumr ("heed, attention").
Today's word and the first definition were both taken from Dictionary.com's 'Word of the Day' for Wednesday, July 13
Etymologies come from the Oxford English Dictionary and/or Etymonline.com