Cognovit Clause Law and Legal Definition

Cognovit clause is a contractual provision in which the debtor authorizes the entry of judgment against him/herself in a particular court in the event of his/her breach. By this provision, a party agrees to jurisdiction in certain court or courts and also waives the notice requirements. The party also denies any opportunity to present a defense in the event of default. Generally, in most states cognovit clauses are outlawed or restricted.