subrogation – מילון אנגלי-אנגלי
subrogation
n.
substitution of one creditor for another
Subrogation
Subrogation is the substitution of one person for another, or of one person into the place of another with respect to rights, claims, or securities. It is most commonly found in the context of insurance, whereby an insurer, having paid a claim to its insured (e.g., automobile collision, workers' compensation, health insurance, etc.) steps into the shoes of its insured and enforces a claim against a third-party tortfeasor responsible for causing the loss, in the name of the insured.
subrogation
Noun
1. (law) the act of substituting of one creditor for another
(hypernym) substitution, exchange, commutation
(derivation) subrogate
(classification) law, jurisprudence
subrogation
nf.
subrogation, substitution of one creditor for another
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.
(n.)
The act of subrogating.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
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