Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
cognovit
[Latin "he has conceded (a debt or an action)"] An acknowledgment of debt or liability in the form of a confessed judgment. 0 Formerly, credit contracts often included a cognovit clause in which the consumer relinquished, in advance, any right to be notified of court hearings in any suit for nonpayment - but such clauses are now generally illegal. See CONFESSION OF JUDGMENT. Cf WAR- RANT OF ATTORNEY."A cognovit is an instrument signed by a defendant in an action actually commenced confessing the plaintiff's demand to be just, and empowering the plaintiff to sign judgment against him in default of his paying the plaintiff the sum due to him within the time mentioned in the cognovit." John Indermaur, Principles of the Common Law 8 (Edmund H. Bennett ed., 1st Am. ed. 1878).
cognovit actionem
[Law Latin "he has confessed the action"] A defendant's written acknowledgment of the plaintiffs claim, authorizing the plaintiff to take a judgment for a named sum; a cognovit.
cognovit clause
A contractual provision by which a debtor agrees to jurisdiction in certain courts, waives notice requirements, and authorizes the entry of an adverse judgment in the event of a default or breach. ( Cognovit clauses are outlawed or restricted inmost states.
cognovit judgment
A debtor's confession of judgment; judgment entered in accordance with a cognovit. See CONFESSION OF JUDGMENT; COGNOVIT.
cognovit note
A promissory note containing a cognovit clause. - Also termed judgment note.
cognovit note.
See COGNOVIT NOTE
narr-and-cognovit law
[Latin narratio "declaration" and cognovit "the person has conceded"] Hist. A law providing that a plaintiff will be granted judgment on a note through an attorney's confession that the amount shown on the note, together with interest and costs, constitutes a legal and just claim. Cf. COGNOVIT JUDGMENT; confession of judgment under JUDGMENT.