Definitions of "subrogation"
  1. Refers to the circumstance where a third party carries out payment to an individual or entity owed a particular amount, consequently inheriting the rights that the original creditor had over the debtor
  2. Refers to the instance where one party replaces another in a legal claim or right
How to use "subrogation" in a sentence
  1. In an effort to recover the amount she paid for car repairs, the insurance company pursued subrogation against the driver who caused the accident.
  2. The bank assumed subrogation rights after paying off the financial liabilities, allowing them to seek reimbursement from the original debtor.
  3. Subrogation, in the context of insurance, means the insurer can step into the shoes of the insured to recover losses from the responsible party.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z