COGNOVIT NOTE Definition

Bookmark and Share

COGNOVIT NOTE is a note in which the maker acknowledges the debt and authorizes the entry of judgment against him or her without notice or a hearing : a note containing a confession of judgment. This type of note is not valid in many states.

Learn new Accounting Terms

ON-THE-RUN ISSUE is the most recently issued U.S. Treasury or government agency securities. Older issues sometimes are described as "off-the-run!'

SYD see SUM-OF-THE-YEARS-DIGITS.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.