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subrogationmore about subrogation

subrogation


  1  definition  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Subrogation  \Sub`ro*ga"tion\,  n.  [Cf.  F.  subrogation,  LL 
  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  pays  a  creditor  succeeds  to  his 
  rights  against  the  debtor.  --Bouvier.  Burrill  Abbott. 




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