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

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Example Sentences

Subrogation - an insurer’s right to recover the amount it has paid for a loss from a third party that caused the loss - is nothing new.

From Washington Times • Apr. 14, 2018

Subrogation, sub-rō-gā′shun, n. the succession or substitution of one person or thing by or for another, in regard to a legal claim, &c.

From Chambers's Twentieth Century Dictionary (part 4 of 4: S-Z and supplements) by Various