Subrogate

Take over a legal Claim or Right against a third Party from another Party who previously owned that Right or claim. One example of subrogation is the taking over of a Debt from a previous Creditor.

Related Terms: 10 Claim, Credit, Creditor, Debt, Legal, Leg, Own, Party, Right, Third party

Other Related Pages: Category: Lending_and_Credit Starting With: S

Additional Related Terms: 10-K, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service