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			Subrogation - 




The substitution of one creditor for another, or an insurer's subsequent recovery rights over an insured's property following payment of a claim on the property. 













	
	
Related Terms: Subrogation - creditor | insurance | insurance policy |


Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.

 

WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
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Copyright 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved.