Subrogor Legal Meaning and Definition
Here is a simplified definition of the legal term Subrogor.
Subrogor (noun)
A subrogor is a person or entity that gives up their legal right or claim to recover damages. They transfer this right to another party (known as the subrogee) and receive compensation in return. After this transfer, the subrogor no longer has the right to seek compensation themselves. This process is typically used in insurance situations, where the insured (subrogor) transfers their right to sue a party causing harm to the insurance company (subrogee).