subrogate
/sʌbˈroʊɡeɪt/Definitions
1. verb
to transfer or assign one’s rights or claims to another person or party, especially in a legal or contractual agreement.
“The insurance company decided to subrogate the claimant’s rights to recover the damages from the at-fault party.”
2. noun
the act of transferring or assigning one’s rights or claims to another person or party.
“The subrogation process can be complex and requires a thorough understanding of the legal implications.”
3. verb
to take the place of another person or party in a legal or contractual agreement, especially to pursue a claim or right that belongs to the original party.
“The new insurance company agreed to subrogate the policy and pursue the claim on behalf of the policyholder.”
4. noun
the act of taking the place of another person or party in a legal or contractual agreement.
“The subrogation of the policy allowed the new insurance company to pursue the claim and recover the damages.”