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Contract Law; Typically this is a contract clause within a debt instrument which, upon nonpayment of a debt by a specified date, allows the lender/creditor the ability to proceed directly to court to obtain an immediate judgment and proceed expeditiously to enforcement and collection. In essence, the borrower/debtor confesses that they owe the lender/creditor money if it is not … [Read more...] about CONFESSION OF JUDGMENT

In equity practice. An order which the court of chancery makes when the defendant floes not file an answer, that the plaintiff may take such a decree as the case made by his bill warrants. … [Read more...] about CONFESSO, BILL TAKEN PRO

An ecclesiastic who receives auricular confessions of sins from persons under his spiritual charge, and pronounces absolution npon them. The secrets of the confessional are not privileged communications at common law, but this has been changed by statute in some states. Sea 1 Greenl. Ev. … [Read more...] about CONFESSOR

Lat. In the civil law. An action for enforcing a servitude. Mackeld. Rom. Law, … [Read more...] about CONFESSORIA ACTIO

Trust; reliance: ground of trust In the construction of wills, this word is considered peculiarly appropriate to create a trust "It is as applicable to the subject of a trust, as nearly a synonym, as the English language Is capable of. Trust is a confidence which one man reposes in another, and confidence is a trust" Appeal of Coates, 2 Pa. 133. … [Read more...] about CONFIDENCE