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Confession of judgment is a legal term that refers to a type of contract (or a clause with such a provision) in which a party agrees to let the other party enter a judgment against him or her.
Judgment (verb) that act of the mind by which two notions or ideas which are apprehended as distinct are compared for the purpose of ascertaining their agreement or disagreement. See 1. The comparison may be threefold: (1) Of individual objects forming a concept. (2) Of concepts giving what is technically called a judgment.