'Subrogation' definitions:

Definition of 'subrogation'

(from WordNet)
noun
(law) the act of substituting of one creditor for another

Definition of 'Subrogation'

From: GCIDE
  • Subrogation \Sub`ro*ga"tion\, n. [Cf. F. subrogation, LL. subrogatio.] The act of subrogating. Specifically: (Law) 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. --Bouvier. Burrill. Abbott. [1913 Webster]

Words containing 'Subrogation'