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subrogation claim

См. также в других словарях:

  • Subrogation — is the legal technique under the common law by which one party, commonly an insurer (I X) of another party (X), steps into X s shoes, so as to have the benefit of X s rights and remedies against a third party such as a defendant (D). Subrogation… …   Wikipedia

  • subrogation — sub·ro·ga·tion /ˌsə brō gā shən/ n 1: an equitable doctrine holding that when a third party pays a creditor or obligee the third party succeeds to the creditor s rights against the debtor or obligor; also: a doctrine holding that when an… …   Law dictionary

  • subrogation — The substitution of one person in the place of another with reference to a lawful claim, demand or right, so that he who is substituted succeeds to the rights of the other in relation to the debt or claim, and its rights, remedies, or securities …   Black's law dictionary

  • 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. Bloomberg Financial Dictionary * * * subrogation sub‧ro‧ga‧tion [ˌsʌbrəˈgeɪʆn]… …   Financial and business terms

  • subrogation — The substitution of one person in the place of another with reference to a lawful claim or right against a third person. The principle that when one person has been compelled to pay a debt which ought to have been paid by another, he becomes… …   Ballentine's law dictionary

  • Subrogation — A term denoting a legal right that is reserved by most insurance carriers. Subrogation is the right for an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim …   Investment dictionary

  • subrogation — The principle that, having paid a claim, an insurer has the right to take over any other methods the policyholder may have for obtaining compensation for the same event. For example, if a neighbour is responsible for breaking a person s window… …   Accounting dictionary

  • subrogation — The principle that, having paid a claim, an insurer has the right to take over any other methods the policyholder may have for obtaining compensation for the same event. For example, if a neighbour is responsible for breaking a person s window… …   Big dictionary of business and management

  • subrogation — [ˌsʌbrə geɪʃ(ə)n] noun Law the substitution of one person or group by another in respect of a debt or insurance claim, accompanied by the transfer of any associated rights and duties. Derivatives subrogate sʌbrəgeɪt verb Origin ME (in the general …   English new terms dictionary

  • subrogation — /sʌbrəˈgeɪʃən/ (say subruh gayshuhn) noun 1. the act or process of subrogating. 2. Insurance the right of an insurer, following the payment of a claim to the insured, to recover monies from a third party responsible for the loss …  

  • Waiver Of Subrogation — A special type of endorsement on a property casualty insurance policy. The Waiver of Subrogation prohibits the insurer from attempting to seek restitution from a third party who causes any kind of loss to the insured. This type of arrangement is… …   Investment dictionary

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