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noun
Law. an acknowledgment or confession by a defendant that the plaintiff's cause, or part of it, is just, wherefore the defendant, to save expense, permits judgment to be entered without trial.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Cognovit
is always a great word to know.
So is escrow. Does it mean:
| a written agreement deposited with a third person, by whom it is to be delivered to the grantee or promisee on the fulfillment of some condition |
| the institution and carrying on of legal proceedings against a person; the body of officials by whom such proceedings are instituted and carried on |
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