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Definition of Subrogation

Subrogation n. means: The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.

What is the meaning/definition of Subrogation ?

Subrogation n. means: The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.

Meaning of Subrogation

Subrogation (n.) means: The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.

More meanings / definitions of Subrogation or words, sentences containing Subrogation?

Subrogation (n.): The act of subrogating.

Adjustment (n.): Settlement of claims; an equitable arrangement of conflicting claims, as in set-off, contribution, exoneration, subrogation, and marshaling.

Subrogation (n.): The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.

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Words, slangs, sentences and phrases similar to Subrogation

Meaning of Subrogation

Subrogation means: The act of subrogating.

Meaning of Adjustment

Adjustment means: Settlement of claims; an equitable arrangement of conflicting claims, as in set-off, contribution, exoneration, subrogation, and marshaling.

Meaning of Subrogation

Subrogation means: The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.

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