subrogation

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 entitled to exercise all the remedies which the creditor possessed against that other person. 50 Am J1st Subro § 2. Sometimes referred to as the doctrine of substitution. It is a device adopted or invented by equity to compel the ultimate discharge of a debt or obligation by him who in good conscience ought to pay it. It is the machinery by which the equity of one man is worked out through the legal rights of another. 50 Am J1st Subro §§ 2 et seq. This is a substitution of another person in place of the creditor to whose rights he succeeds in relation to the debt, and gives to the substitute all the rights, priorities, remedies, liens, and securities of the person for whom he is substituted. The principle of subrogation is broad enough to cover every instance in which one person is required to pay a debt for which another is primarily answerable, and which in equity and good conscience ought to be discharged by the latter. United States Fidelity & G. Co. v Bramwell, 108 Or 261, 217 P 332, 32 ALR 829. See conventional subrogation; legal subrogation.

Ballentine's law dictionary. . 1998.

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  • 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 — [ sybrɔgasjɔ̃ ] n. f. • 1401; lat. subrogatio ♦ Dr. Substitution d une personne à une autre dans une relation juridique (subrogation personnelle); transmission à une chose des qualités juridiques de celle qu elle remplace dans un patrimoine ou… …   Encyclopédie Universelle

  • 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 — Subrogation. s. f. v. Acte par lequel on subroge. Requeste de subrogation. il a consenti à la subrogation. la subrogation asseure mon hypotheque …   Dictionnaire de l'Académie française

  • Subrogation — ist ein Begriff aus dem Versicherungsrecht. Für einen Schaden ist gelegentlich mehr als eine Partei haftbar. Beispielsweise kann bei einem Arbeitsunfall eine Krankenversicherung, eine Berufsunfallversicherung, ein Hersteller eines Produktes nach… …   Deutsch Wikipedia

  • Subrogation — Sub ro*ga tion, n. [Cf. F. subrogation, LL. subrogatio.] The act of subrogating. Specifically: (Law) The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which… …   The Collaborative International Dictionary of English

  • Subrogation — (Surrogation, lat.), die Einsetzung eines neuen Berechtigten in die Stelle des bisherigen, das Nachrücken eines andern an die Stelle des bisherigen. z. B. ein späterer Hypothekengläubiger findet den frühern Hypothekengläubiger ab und tritt… …   Meyers Großes Konversations-Lexikon

  • Subrogation — Subrogation, Surrogation (lat.), die Einsetzung an eines andern Stelle …   Kleines Konversations-Lexikon

  • Subrogation — Subrogation, Unterschiebung, Einsetzung in die Stelle eines andern; daher subrogiren, einsetzen etc …   Herders Conversations-Lexikon

  • subrogation — [sub΄rō gā′shən, sub΄rəgā′shən] n. 〚ME subrogacioun < ML subrogatio < L subrogatus〛 a subrogating; esp., the substitution of one creditor for another, along with a transference of the claims and rights of the old creditor * * * sub·ro·ga·tion… …   Universalium

  • subrogation — The legal right that a person or corporation has when he pays someone s debt to recover that money from the debtor. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

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