1. A person’s agreeing to the entry of judgment upon the occurrence or nonoccurrence of an event, such as making a payment. [Cases: Federal Civil Procedure 2396; Judgment 29. C.J.S. Judgments §§ 138, 152–153, 169.]
2. A judgment taken against a debtor by the creditor, based on the debtor’s written consent. [Cases: Federal Civil Procedure 2396; Judgment 29–70. C.J.S. Judgments §§ 138–181, 363–369.]
3. The paper on which the person so agrees, before it is entered. — Also termed confessed judgment; cognovit judgment; statement of confession; warrant of confession; judgment by confession. See COGNOVIT. Cf. WARRANT OF ATTORNEY.