subrogation

incontable

A legal term referring to the act of substituting one party for another, typically a creditor, so that the new party acquires the rights and claims of the original creditor.

• 🇪🇸Término jurídico que designa la sustitución de una parte por otra, generalmente de un acreedor, de modo que la nueva parte adquiere los derechos y acciones del acreedor original.

1. Legal substitution C2 formal legal

   The legal process by which one party, often an insurer, steps into the shoes of another to pursue rights or claims against a third party.

   • The insurance company exercised its right of subrogation to recover the claim amount from the at-fault driver.
   • Subrogation allows the insurer to seek reimbursement from the party responsible for the loss.
   • The court recognized the principle of subrogation in the contract dispute.

   🇪🇸Subrogación legal

   Sinónimos: assignmentsubstitutionsuccessiontransfer

• subrogations plural form
• subrogations' possessive plural form
• subrogation's possessive singular form