Substitution of one party (called the subrosee) for another (called the subrosor) as a creditor or possessor of a legal right. Upon subrogation, the subrosee acquires the claims, interests, ownership, remedies, or securities of the subrosor. In cases where a party pays for the debts of another party, the paying party becomes entitled to the rights belonging to the debtor. See also subrogation clause.

Related Videos

Mentioned in these terms

Have a question about subrogation? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z