WebDec 7, 2024 · Subrogation refers to the practice of substituting one party for another in a legal setting. Essentially, subrogation provides a legal right to a third party to collect a … Websubrogation. The substitution of one person in the place of another with reference to a lawful claim, demand or right, so that he who is substituted succeeds to the rights of the …
SUBROGATION English meaning - Cambridge Dictionary
WebHere’s the more technical subrogation definition: “The substitution of one person in the place of another with reference to a lawful claim, demand or right so that he who is … Websubrogation uk / ˌsʌb.rəˈɡeɪ.ʃən/ How to pronounce subrogation noun in British English us / ˌsʌb.rəˈɡeɪ.ʃən/ How to pronounce subrogation noun in American English cincinnati crime rates by neighborhood
Definitions of subrogation - OneLook Dictionary Search
WebJan 10, 2024 · The definition of subrogation is the legal right of one party to collect damages or debt originally owed to another entity by a third party. Car insurance subrogation allows the at-fault driver ’s insurance company to compensate the other driver’s insurance company for any claims they paid. WebThe transfer of a claim or legal right from one party to another. Subrogation is often associated with the transfer of the right to a debt from one person to another. That is, a creditor can give or sell his/her right to a debt to some third party. See also: Forfaiting. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved Websubrogation ( suhb - ruh - gey - shihn ) noun 1. (legal) a. la subrogación (F) The other person was at fault, so the insurance company will take charge of the subrogation.La otra persona tuvo la culpa, así que la compañía de seguros se encargará de la subrogación. Copyright © Curiosity Media Inc. Examples Examples have not been reviewed. cincinnati crime statistics by neighborhood