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subrogation

British  
/ ˌsʌbrəˈɡeɪʃən /

noun

  1. 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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Ronald Ryder at Oppenheimer & Co., a New York investment firm, told Welsh in an email on April 15 that his company was currently trading the subrogation claims.

From Los Angeles Times Jun. 24, 2025

The investors are aiming to buy so-called subrogation claims from insurance companies.

From Los Angeles Times Jun. 24, 2025

But he and other practitioners of health care subrogation say it reduces health insurance costs, allowing lower premiums for all employees.

From Washington Times Apr. 14, 2018

Even if the other driver has sufficient coverage, his or her insurer – faced with a payout through a UIM policy – may seek to claw that money back through a process known as subrogation.

From US News Jun. 8, 2015

“Or a first mortgage on good property, with subrogation of the wife's rights.”

From Other People's Money by Émile Gaboriau

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