waiver of subrogation
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/ˈweɪvər əv ˌsʌbərˈgeɪʃən/
/ˈweɪvə əv ˌsʌbrəˈgeɪʃən/
GeneralInsurance
- 1 rücu hakkından feragat countable
Definition (English)
A contract clause in which an insurer gives up its right to recover money it has paid from the party that caused the loss.
Example Sentences
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The contract requires a waiver of subrogation.Sözleşme, rücu hakkından feragat edilmesini gerektirir.
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This waiver of subrogation protects the contractor.Bu rücu hakkından feragat maddesi müteahhidi korur.
Synonyms
subrogation waiverwaiver of recourserelease of subrogation