Right of Subrogation Law and Legal Definition
Right of subrogation is the right of a person who is secondarily liable on a debt, and who pays the debt, to personally enforce any right that the original creditor could have pursued against the principal debtor. It includes the right to foreclose on any security held by the creditor and any right that the creditor may have to contribute from others who are liable for the debt. It is also termed equity of subrogation.
