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subrogation
subrogation definition
sub·ro·ga·tion (sub′rō gā′s̸hən, -rə-)
noun
a subrogating; esp., the substitution of one creditor for another, along with a transference of the claims and rights of the old creditor
Etymology: ME subrogacioun < ML subrogatio < L subrogatus
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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