cognovit clause

English edit

Etymology edit

This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium.
Particularly: “From English cognovit or directly from Latin cognovit? This determines whether it should be listed as a derived term of cognovit.”

Noun edit

cognovit clause (plural cognovit clauses)

A provision of a contract in which a debtor concedes to jurisdiction in certain courts, waives notice agreements, and in case of a default or breach grants an adverse judgment.

References edit

Black's Law Dictionary 10th Edition (2014)