Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    The right of subrogation springing from an express agreement with a debtor that the security shall be kept alive for the benefit of the maker of the payment. See 168 111. 618, 61 Am. St. Rep. 146, 48 N. E. 161.