- The act of subrogating. - 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.
Waiver of Subrogation A Waiver of Subrogation is a contractual arrangement wherein one waives subrogation rights over someone else in the case of errors.
Subrogation Subrogation refers to circumstances (such as when another party is responsible for an accident) in which your insurance company has
Definition
[ n.]