cognovit clause

noun
cog·no·vit clause | \käg-ˈnō-vit-, kȯg-ˈnō-wit-\

Legal Definition of cognovit clause 

: 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

History and Etymology for cognovit clause

New Latin cognovit (actionem) he/she has acknowledged (the action)

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a state of commotion or excitement

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