Copyright © Philip M. Parker, INSEAD. Terms of Use.
Definition: Confession Of Judgment |
Confession Of JudgmentNoun1. A judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings. Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
| Domain | Definition |
Finance | A clause in a loan contract providing that the borrower waives the right to be notified and the right to be heard in court if the lender brings suit and obtains a judgment against the borrower in the event of a default. This credit practice was prohibited by regulation in 1985. (references) |
Source: compiled by the editor from various references; see credits. | |
Synonyms: Confession Of JudgmentSynonyms: cognovit judgement (n), cognovit judgment (n), confession of judgement (n). (additional references) |
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Expression | Frequency per Day |
confession of judgment | 7 |
| Source: compiled by the editor from various references; see credits. | |
| Language | Translations for "confession of judgment"; alternative meanings/domain in parentheses. | ||||
French | aveu concédant jugement. (various references) | ||||
Pig Latin | onfessioncay ofay udgmentjay | ||||
| 1. Definition 2. Synonyms 3. Expressions: Internet 4. Translations: Modern | 5. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
