Subrogation Definition

A subrogating; esp., the substitution of one creditor for another, along with a transference of the claims and rights of the old creditor.

A paying of or an assumption of the debt of one person by another.

The passing of rights from one party to another by virtue of the second’s assumption of a debt on behalf of the first party;

In insurance, the right of an insurer to recover from a third party all amounts paid out on behalf of its insured.