Subrogation
noun
The act of one party assuming the legal rights to pursue a claim or payment on behalf of another party.
Insurance companies often engage in subrogation to recover costs after paying claims.
Usage tips
Formal
subrogation rights, subrogation process, subrogation claim
noun
The act of one party assuming the legal rights to pursue a claim or payment on behalf of another party.
Insurance companies often engage in subrogation to recover costs after paying claims.
Usage tips
Formal
subrogation rights, subrogation process, subrogation claim
Definition 1 of 1
Pro Tip 1/2Legal Term
It is often used in contracts and insurance agreements.
The insurance company had a subrogation clause in the policy.
Pro Tip 2/2Debt Recovery
Subrogation is key in recovering debts.
After paying out claims, they exercise subrogation rights to recover costs.
Pro Tip 1/2Legal Term
It is often used in contracts and insurance agreements.
The insurance company had a subrogation clause in the policy.
Pro Tip 2/2Debt Recovery
Subrogation is key in recovering debts.
After paying out claims, they exercise subrogation rights to recover costs.
Pro Tip 1/2Legal Term
It is often used in contracts and insurance agreements.
The insurance company had a subrogation clause in the policy.
Pro Tip 2/2Debt Recovery
Subrogation is key in recovering debts.
After paying out claims, they exercise subrogation rights to recover costs.
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