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subrogation

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
sub·ro·ga·tion  (sbr-gshn)
n.
The substitution of one person for another, especially the legal doctrine of substituting one creditor for another.

subrogation [ˌsʌbrəˈgeɪʃən]
n
(Law) Law the substitution of one person or thing for another, esp the placing of a surety who has paid the debt in the place of the creditor, entitling him to payment from the original debtor
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.subrogation - (law) the act of substituting of one creditor for another
substitution, commutation, exchange - the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help"
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"


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Ask For Waiver of Subrogation Subrogation is the reimbursement an insurance company seeks after paying a claim.
The Fort Lauderdale-based company will private label a broad range of alternative and traditional workers' compensation products and services, including product design, marketing, distribution, underwriting, policy management, claim management, nurse case management, cost containment services, subrogation recovery, and captive management services.
Watson practices in the Miami office and concentrates in the areas of coverage issues, liability defense, bad faith, and subrogation matters.
 
 
 
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