subrogation Meaning, Definition & Usage
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noun (law) the act of substituting of one creditor for another
WordNet
Sub`ro*ga"tion noun
Etymology
Cf. F.Definitions
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.