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Từ vựng:

subrogation right

Giải nghĩa:

/səˌbrɒɡeɪʃən raɪt/ – Phrase


Definition: quyền thế quyền.

A more thorough explanation: Subrogation right refers to the legal right of an insurer to pursue a claim against a third party that caused an insurance loss to the insured. This allows the insurer to recover the amount it paid to the insured from the responsible third party.

Example: In the event of a successful insurance claim payout, the insurance company may exercise its subrogation right to recover the amount paid from the party responsible for the damages.

 

 
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