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subrogation

Pronunciación: [ˌsʌb.roʊˈɡeɪ.ʃən]

Palabra

Cómo usar subrogation en una oración: 2 significados y 6 ejemplos con audio.

Contexto: «finance»

(noun) subrogation can also describe the act of replacing one creditor's rights with those of another. This often happens when a lender pays off a loan and wants to collect the money from a different party.

Ejemplo

The bank used subrogation to take over the rights to collect the debt after paying off the loan.

Ejemplo

The process of subrogation failed when the lender could not claim any rights to the debt.

Ejemplo

Can you explain how subrogation works with creditors?

Cómo se pronuncia subrogation

Pronunciación: [ˌsʌb.roʊˈɡeɪ.ʃən]

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