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 / ( ˌsʌbrəˈɡeɪʃən) / noun law the substitution of one person or thing for another, esp the placing of a surety who has paid the debt in the place of the creditor, entitling him …
Subrogation Definition & Meaning - Merriam-Webster
WebSubrogation is a technical term to describe a situation in which your insurance company steps in to get back money from a third party who caused damages or losses to you or your property. Subrogation: a definition Let’s start from the top. Websub·ro·ga·tion (sŭb′rō-gā′shən) n. The substitution of one person or entity for another, especially when the substituted party becomes responsible for a debt or legal claim. American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. chino valley hospital address
Subrogation in Spanish English to Spanish Translation - SpanishDict
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 … WebWhat is subrogation? "Subrogation," or "subro" for short, refers to the right your insurance company holds under your policy — after they've paid a covered claim — to request reimbursement from the at-fault party. This reimbursement often comes from the at-fault party's insurance company. 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. granny midwives meaning