You know what it looks like… but what is it called?
TAKE THE QUIZ“cognovit”
The following 3 entries include the term cognovit.
cognovit clause
noun: a clause in an agreement in which one party authorizes the entry of judgment against himself or herself in the event of his or her breach or default
cognovit judgment
cognovit note
Love words? Need even more definitions?
Merriam-Webster unabridged