Subrogate : To put in place of another; i.e., when an insurance company pays a claim it is placed in the same position as the payee with regard to any rights against others
US Department of Transportation, Maritime Administration, Glossary of Shipping Terms, Washington, DC, USA 2008. http://www.marad.dot.gov/documents/Glossary_final. pdf, (Mrtm - Amer) {572}