Green cards and visas are both government-issued documents for immigrants, but they bestow very different rights and privileges in the US. The critical difference is that a green card allows the holder to remain and work in the US indefinitely, while the visa is reserved for a temporary stay. Call Toll FREE: 1-800-788-0450 Home
Equitable Subrogation. DEFINITION of 'Equitable Subrogation'. A legal doctrine that allows a party that has made payments on behalf of another party to lay claim to the recovery of damages or funds from a third-party. Equitable subrogation is a legal concept that allows one party to replace another party when it comes to a legal right.
Waiver of Subrogation Law and Legal Definition. Waiver of subrogation refers to a contract clause giving up the right to subrogation. Subrogation means one party has the right to step into the shoes of another party for the purposes of bringing a claim for damages. Not all types of claims may be subrogated.