| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,900,231,975 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
subrogation |
Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia | 0.01 sec. |
|
|
Subrogation An insurance process whereby a company that has paid out to a policyholder for a loss incurred recovers the amount of the loss from the party that is legally liable. Subrogation The transfer of a claim or legal right from one party to another. Subrogation is often associated with the transfer of the right to a debt from one person to another. That is, a creditor can give or sell his/her right to a debt to some third party. See also: Forfaiting. subrogation The substitution of one party for another.Insurance companies typically have rights of subrogation, so if the insurer pays the property owner for a loss, such as a house fire, and then discovers that loss was the fault of a third party, the insurance company may sue and recover from the third party. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Mentioned in | ? | References in periodicals archive | ? | Financial browser | ? | Full browser | ? | |||
|---|---|---|---|---|---|---|---|---|---|---|
No references found | Accordingly, when the insurer subrogates against the impaired driver, it is not going after its own "insured" within the meaning of Section C. |
subrogates |
subrenal capsule assay subrent subreption subreption subreptitious subreptitious Subreptive subretinal Subretinal Fluid Subretinal Hemorrhage Subretinal Membrane Subretinal Neovascular Membrane Subretinal Neovascularization subretrofacial nucleus Subri Industrial Plantation Ltd Subrigid Subriguous subring subring Subring criteria Subring criteria SUBROC subrogate subrogate subrogate subrogate subrogated subrogated subrogated subrogated subrogates subrogatingsubrogating subrogating subrogating subrogation subrogation subrogation subrogation subrogation Subrogee Subrogee Subrogee Subrogee Subrogees Subrogees Subrogor Subrogor Subrogor Subrogor Subrogors Subrogors SUBRON Subrosee Subrosee Subrosees Subrosees Subrosor Subrosor Subrosors Subrosors | |||||||
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|