Cognovit

/kɒɡˈnəʊ.vɪt/

/kɑɡˈnoʊ.vɪt/

Translation of "cognovit" into Russian

Noun

/kɒɡˈnəʊ.vɪt/

/kɑɡˈnoʊ.vɪt/

cognovit

cognovits pl

признание долга

The debtor signed a cognovit to acknowledge the debt.

Должник подписал признание долга, чтобы подтвердить задолженность.

Noun

/kɒɡˈnəʊ.vɪt/

/kɑɡˈnoʊ.vɪt/

A legal document in which a defendant acknowledges a debt or liability and consents to a judgment against them without trial.

The debtor signed a cognovit, allowing the creditor to obtain a judgment without further legal proceedings.

Adjective

/kɒɡˈnəʊ.vɪt/

/kɑɡˈnoʊ.vɪt/

Relating to or involving a defendant's written confession of judgment.

The parties negotiated the removal of the cognovit provision from the contract.