1,641
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − + − 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.
no edit summary
<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
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.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
==References==
==References==
<small><references/></small>
<small><references/></small>
[[Category:Shipping Terms]]
[[Category:Shipping Terms]]