subrogation

noun

sub·ro·ga·tion ˌsə-brō-ˈgā-shən How to pronounce subrogation (audio)

: the act of subrogating

specifically : the assumption by a third party (such as a second creditor or an insurance company) of another's legal right to collect a debt or damages

Example Sentences

Recent Examples on the Web Right now, the subrogation negotiation still takes place between two humans.

Jeremy Kahn, Fortune, 2 Aug. 2022 The issue is related to a legal a process called subrogation where insurance companies can seize future payments to policyholders to reimburse themselves for having paid a claim.

Sudiksha Kochi, USA TODAY, 5 Aug. 2021 Landlords often have renters sign waivers, such as subrogation waivers that prevent legal action from insurance claims.

Jonathan Herpy, Forbes, 2 June 2021 Along with seeing utilities get out from under the burden of wildfire risk, insurers would effectively have to sign on for deep subrogation discounts on future fires.

Washington Post, 2 Apr. 2019 Indeed, the subrogation committee, without giving details, proposes a rights offering.

Washington Post, 20 July 2019

Legal Definition

subrogation

noun

sub·ro·ga·tion ˌsə-brō-ˈgā-shən How to pronounce subrogation (audio)

: an equitable doctrine holding that when a third party pays a creditor or obligee the third party succeeds to the creditor's rights against the debtor or obligor

also : a doctrine holding that when an insurance company pays an insured's claim of loss due to another's tort the insurer succeeds to the insured's rights (as the right to sue for damages) against the tortfeasor

called also equitable subrogation

: an act or instance of subrogating

where an insurer has acquired by an assignment or by subrogation the right to recover for money

J. M. Landers et al.

Note: Subrogation can take place either by operation of law or by contractual agreement.

单词	subrogation
释义	subrogation noun sub·ro·ga·tion ˌsə-brō-ˈgā-shən : the act of subrogating specifically : the assumption by a third party (such as a second creditor or an insurance company) of another's legal right to collect a debt or damages Example Sentences Recent Examples on the Web Right now, the subrogation negotiation still takes place between two humans. Jeremy Kahn, Fortune, 2 Aug. 2022 The issue is related to a legal a process called subrogation where insurance companies can seize future payments to policyholders to reimburse themselves for having paid a claim. Sudiksha Kochi, USA TODAY, 5 Aug. 2021 Landlords often have renters sign waivers, such as subrogation waivers that prevent legal action from insurance claims. Jonathan Herpy, Forbes, 2 June 2021 Along with seeing utilities get out from under the burden of wildfire risk, insurers would effectively have to sign on for deep subrogation discounts on future fires. Washington Post, 2 Apr. 2019 Indeed, the subrogation committee, without giving details, proposes a rights offering. Washington Post, 20 July 2019 Word History First Known Use 15th century, in the meaning defined above Legal Definition subrogation noun sub·ro·ga·tion ˌsə-brō-ˈgā-shən 1 : an equitable doctrine holding that when a third party pays a creditor or obligee the third party succeeds to the creditor's rights against the debtor or obligor also : a doctrine holding that when an insurance company pays an insured's claim of loss due to another's tort the insurer succeeds to the insured's rights (as the right to sue for damages) against the tortfeasor called also equitable subrogation 2 : an act or instance of subrogating where an insurer has acquired by an assignment or by subrogation the right to recover for money J. M. Landers et al. Note: Subrogation can take place either by operation of law or by contractual agreement.
随便看	shipowners shipowners' club shippable shippage shipped shipped (out) shipped out shippen shippens shipper shipper fork shipper's manifest shipper's papers shippers shipping shipping (out) shipping and handling shipping articles shipping clerk shipping commissioner shipping crates shipping mark shipping order shipping out roked

subrogation

noun

Example Sentences

Word History

Legal Definition

noun