Meaning Of The Word Subrogation
What's the definition of Subrogation? Find Subrogation meanings, definitions and more at the Real Dictionary online.
Subrogation Meaning
| Subrogation Definition |
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What's The Definition Of Subrogation?
subrogation in American English
a subrogating; esp., the substitution of one creditor for another, along with a transference of the claims and rights of the old creditor subrogation in British English noun: the substitution of one person or thing for another, esp the placing of a surety who has paid the debt in the place of the creditor, entitling him or her to payment from the original debtor subrogation in Insurance noun: Subrogation is the right of an insurer to recover any claim payments by taking any actions against third parties, in place of the insured. |
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