Subrogate - Law Dictionary Search Results

subrogation

subrogation 1 : an equitable doctrine holding that when a third party pays a creditor or obligee the third

Subrogation

Subrogation. The doctrine in the law of insurance whereby, as between insurer and insured the insurer is entitled to

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equitable subrogation

equitable subrogation : subrogation

A guarantee, if 'A. does not pay you, I will.' There is, as a rule, a right of subrogation to all the remedies available to the person indemnified under an indemnity available to a person indemnifying-a guarantor

subrogee

subrogee : the party (as a second creditor) that succeeds to another's rights by subrogation

subrogor

subrogor : the party (as an insured) that yields his or her rights to another (as an insurer) by

volunteer

one who without request, obligation, or an interest pays the debt of another and is denied reimbursement from subrogation 2 : one who receives property without giving valuable consideration

Abrogation

rogation: it is distinguished from derogation, which implies the taking away only some part of a law; from subrogation, which denotes the adding a clause to it; from obrogation, which implies the limiting or restraining it; from

Borrowing powers

354. And see Re Harris Calculating Machine Co., (1914) 1 Ch 920, as to the lender's right of subrogation to creditors who have been paid with the proceeds of the void loan. See also (English) Companies Clauses

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