1) Commutation 2) Exchange 3) Substitution
Found on
https://www.crosswordclues.com/clue/subrogation
n. assuming the legal rights of a person for whom expenses or a debt has been paid. Typically, subrogation occurs when an insurance company which pays its insured client for injuries and losses then sues the party which the injured person contends caused the damages to him/her. Example: Fred Farmer negligently builds a bonfire which gets out of con...
Found on
http://dictionary.law.com/Default.xhtml?selected=2044
Subrogation is the legal doctrine whereby one person takes over the rights or remedies of a creditor against his/her debtor. 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 mat...
Found on
http://en.wikipedia.org/wiki/Subrogation
• (n.) The act of subrogating. • (n.) 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.
Found on
http://thinkexist.com/dictionary/meaning/subrogation/
(from the article `insurance`) Another common element in liability policies is subrogation: the insurer retains the right to bring an action against a liable third party for any ... A basic principle of property liability insurance contracts is the principle of subrogation, under which the insurer may be entitled to recovery from ... ...
Found on
http://www.britannica.com/eb/a-z/s/178
An insurance process whereby a company that has paid out to a policyholder for a loss incurred recovers the amount of the loss from the party that is legally liable.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm
Procedure where insurance company recovers from a third party when the action resulting in medical expense (e.g. auto accident) was the fault of another person. The recovery of the cost of services and benefits provided to the insured of one health plan when other parties are liable.
Found on
http://www.encyclo.co.uk/local/20102
Insurer's right to pursue action in the insured's name against the party considered legally liable for the loss or damage.
Found on
http://www.encyclo.co.uk/local/20546
(n) subrogtion is the act by which the legal rights of clime is transferred to another person or legal entity who can by that subrogation avail all legal remedies the person who transferred such right hold. For example when an insurance company indemnify the loss occurred on a vehicle accident they gets the subrogation of rights of the insurer. If ...
Found on
http://www.encyclo.co.uk/local/21213
A process by which a third party is put in the place of a creditor so that the rights and securities of the creditor pass to that third person. For example, in a personal injury matter, an insurance company may exercise its right of subrogation to place a lien on a plaintiff's award or settlement in order to achieve full or partial reimbursement fo...
Found on
http://www.encyclo.co.uk/local/21681
The return of a portfolio over a shorter period of time than the evaluation period.
Found on
http://www.encyclo.co.uk/local/22402
The right of an insurer, who has paid out a claim to an injured party, to sue the person, company, etc., who caused the injury
Found on
http://www.encyclo.co.uk/local/22643
Sub`ro·ga'tion noun [ Confer French
subrogation , Late Latin
subrogatio .] The act of subrogating. Specifically:
(Law) 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 ...
Found on
http://www.encyclo.co.uk/webster/S/226
A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.
Found on
http://www.nolo.com/dictionary/subrogation-term.html
Substituting one person in place of another in asserting a lawful claim, demand or right.
Found on
http://www.pacourts.us/learn/legal-glossary
[
n] - (law) the act of substituting of one creditor for another
Found on
http://www.webdictionary.co.uk/definition.php?query=subrogation
The automatic right, which an insurer who has paid a claim under a policy, has to step into the shoes of the insured and to exercise any rights, which the insured has against a third party in connection with the loss claimed under the policy and in order to recover the insurer's loss. The risk to the third party of facing a subrogated recovery clai...
Found on
https://gowlingwlg.com/en/insights-resources/articles/2015/construction-ins
noun (law) the act of substituting of one creditor for another
Found on
https://www.encyclo.co.uk/local/20974
No exact match found.
