What does subrogation mean?
Definitions for subrogation
sub·ro·ga·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word subrogation.
Princeton's WordNet
subrogationnoun
(law) the act of substituting of one creditor for another
Wiktionary
subrogationnoun
The substitution of a different person in place of a creditor.
Wikipedia
Subrogation
Subrogation is the assumption by a third party (such as a second creditor or an insurance company) of another party's legal right to collect a debt or damages. It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for one's own benefit. A right of subrogation typically arises by operation of law, but can also arise by statute or by agreement. Subrogation is an equitable remedy, having first developed in the English Court of Chancery. It is a familiar feature of common law systems. Analogous doctrines exist in civil law jurisdictions. Subrogation is a relatively specialised field of law; entire legal textbooks are devoted to the subject.
Webster Dictionary
Subrogationnoun
the act of subrogating
Subrogationnoun
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
Etymology: [Cf. F. subrogation, LL. subrogatio.]
Wikidata
Subrogation
Subrogation is the legal doctrine whereby one person takes over the rights or remedies of another against a third party. Rights of subrogation can arise two different ways: either automatically as a matter of law, or by agreement as part of a contract. Subrogation by contract most commonly arises in contracts of insurance. Subrogation as a matter of law is an equitable doctrine, and forms part of a wider body of law known as unjust enrichment. The two most common areas where subrogation is relevant are insurance and sureties. In each case, the basic premise is that where one person makes a payment on an obligation which, in law, is the primary responsibility of another party, then the person making the payment is subrogated to the claims of the person to whom they made the payment with respect to any claims or remedies which are exercisable against the primarily responsible party. For example, if a car owner has collision insurance on their car and the car is damaged by a negligent third party, if the car owner elects to claim under his insurance policy, then any claims which the car owner had against the negligent party will pass to the insurance company in countries which recognise the doctrine. Similarly, if a father guarantees the debts of his son to the bank, and the bank elects to call upon the guarantee rather than claiming against the son directly, then if the father pays out on the guarantee, he will become subrogated to the bank's claims against the son.
Chambers 20th Century Dictionary
Subrogation
sub-rō-gā′shun, n. the succession or substitution of one person or thing by or for another, in regard to a legal claim, &c.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of subrogation in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of subrogation in Pythagorean Numerology is: 6
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Translations for subrogation
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"subrogation." Definitions.net. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.definitions.net/definition/subrogation>.
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