subrogate
- The process by which one party steps in the shoes of another, frequently in the context of a secondary creditor assuming the legal rights or claims of another
- After the bankruptcy case, the bank was allowed to subrogate and assume the claims of the original creditor.
- The insurance company will subrogate to recover the money it paid out for the damages.
- In this legal situation, the third party has the right to subrogate and take on the financial claims of the defaulted loan.
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