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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.
Common law. 1  Consent judgment: a consent judgment is available where the parties agree on the terms of the judgment or order that should be made. 2  Declaratory judgment: a declaratory judgment can be made by the courts regardless of whether a remedy is being claimed.