Subrogation is the assignment to an insurer by terms of the policy or by law, after payment of a...
equitable subrogation
Equitable subrogation is the right of subrogation granted under common law when one party has made a payment on behalf of another and becomes entitled to whatever recovery rights the other party has against a responsible third party.
Related Terms
Subrogation rights that have been modified between two parties by the terms of a contract entered...
