noun
- Plural of cognovit; a legal confession of judgment in which a defendant admits liability and authorizes entry of judgment without trial.
Usage: legal; formal; chiefly U.S.
Examples
- The defendant signed cognovits agreeing to pay the debt without contesting the claim.
- Cognovits are commonly used in commercial lending to expedite judgment collection.
- The creditor filed multiple cognovits to enforce payment obligations quickly.