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(law) the act of substituting of one creditor for another
Answer for the clue "(law) the act of substituting of one creditor for another ", 11 letters:
subrogation
Word definitions for subrogation in dictionaries
Wiktionary
Word definitions in Wiktionary
n. (context legal English) The substitution of a different person in place of a creditor.
WordNet
Word definitions in WordNet
n. (law) the act of substituting of one creditor for another
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
early 15c., "irregular or unlawful placement of someone in an office," from Middle French subrogation and directly from Latin subrogationem (nominative subrogatio ), noun of action from past participle stem of subrogare (see subrogate ).
Wikipedia
Word definitions in Wikipedia
Subrogation is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for one's own benefit. A right of subrogation typically arises by operation of law, but can also arise by statute or by agreement. Subrogation ...
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Subrogation \Sub`ro*ga"tion\, n. [Cf. F. subrogation, LL. subrogatio.] The act of subrogating. Specifically: (Law) The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by ...