1
Law::
cognovit judgment • confession of judgment by debtor ( : written authority of debtor and his direction for entry of judgment against him in the event he shall default in payment. Such provision in a debt instrument or agreement permits the creditor or his attorney on default to appear in court and confers judgment against the debtor.) • cognovit note ( : an extraordinary note which authorizes an attorney to confess judgment against person or persons signing it. It is written authority of a debtor and direction by him for entry of a judgment against him if obligation set forth in note is not paid when due.) • judgment note ( : a promissory note (also called ‘cognovit note’ embodying an authorization to an attorney, or to a designated attorney, or to the holder, or the clerk of the court, to enter an appearance for the maker and confess a judgment against him for a sum therein named, upon default of payment of the note. Such are invalid in many states of the United States)
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