SUBROGATION


Meaning of SUBROGATION in English

ˌ ̷ ̷ ̷ ̷ˈgāshən noun

Etymology: Middle English subrogacioun substitution, from Middle French subrogation, from Medieval Latin subrogation-, subrogatio, from Latin subrogatus (past participle) + -ion-, -io -ion

1. : an act of subrogating: as

a. : the substitution of one for another as a creditor so that the new creditor succeeds to the former's rights in law and equity : a legal operation by which a third person who pays a creditor succeeds to his rights against the debtor as if he were his assignee — compare substitution 1a

b. : succession by an insurance company after payment of a loss to the insured's rights against the party responsible for the loss (as against a person negligently or willfully causing fire damage to insured property)

2. : the legal relation created by an act of subrogation

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.