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cognovit note |
Also found in: Legal | 0.01 sec. |
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cognovit note (kognō´vit), n a written authority of a debtor granting entry of a judgment against the debtor if the amount set forth in the note is not paid by the debtor when due. A cognovit note sets aside every defense that the maker of the note may otherwise have had. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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