cognovit Hear it!

cognovit definition

cog·no·vit (käg nō′vit)

noun

Law a written acknowledgment of a debt, esp. as contained in a note (cognovit note), by which the debtor authorizes that judgment be entered for the creditor without a trial if the debt is not paid when it becomes due

Etymology: short for L cognovit actionem, lit., he has acknowledged the action

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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