subrogation Hear it!

subrogation definition

sub·ro·ga·tion (sub′rō gās̸hən, -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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