Subrogation
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Subrogation is a noun meaning (law) Substitution of a different person in place of a creditor or claimant with respect to certain rights and duties.
Meaning
(law) Substitution of a different person in place of a creditor or claimant with respect to certain rights and duties.
Example Sentences
He became my creditor as the result of a subrogation by a vendor.
Subrogation is a staple element of the casualty insurance business.
Word Forms
- subrogations
Related Words
Related dictionary entries include subrogor, subrogee, surrogatum, submortgage, succession, submortgagee.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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