Subrogation

word

1. Noun

The act of subrogating.

2. Noun

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.

3. Noun

(law) the act of substituting of one creditor for another
Vocabulary classified under Law
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