Subrogation is the assumption by a third party (a subrogee, such as a second creditor or an insurance company) of another party (a subrogor)'s legal right to collect debts or damages. It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for their own benefit.
Subrogation is the assumption by a third party (a subrogee, such as a second creditor or an insurance company) of another party (a subrogor)'s legal right to collect debts or damages. It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for their own benefit.
Source: Wikipedia "Subrogation" · CC BY-SA 4.0
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