The right of subrogation is generally applied in insurance law. Also known as "subrogation" or "transfer of rights and interests", referred to as "subrogation", it refers to the loss of the insured subject due to an insured accident that is the responsibility of a third party. The right of a person to seek compensation.

The financing party has no special right of recourse. The financing party (guarantor) who paid for the instrument has the right to obtain repayment from the financing party and the right to enforce the instrument against the financing party, that is, the right of subrogation. . For example, the guarantor lends his name to the buyer and issues a bill as a party to the accommodation. The buyer endorses the bill to the seller, and the seller delivers the goods. If the guarantor pays and obtains the note, the guarantor has recourse against the buyer (but if the buyer pays, the buyer has no recourse against the guarantor). However, the exercise of this right of recourse is limited to the guaranteed party, and the right of recourse cannot be claimed against all predecessors of the guaranteed party (if they exist), that is, there is no special right of recourse.

A financier is a person who signs an instrument in any capacity for the purpose of lending his credit and name to another party to the instrument. The accommodating person can be a natural person or a legal person, and his signature should be in accordance with the requirements of local law. The conciliator can sign before the ticket is issued or after the ticket is issued. For example: A (the financier) signs for B (the financier), and B endorses and transfers the bill to C before maturity, and C pays the consideration. If C is not convinced of the credit of A and B, or in order to make the bill creditworthy, Even more fully, C and Ding entered into an accommodation contract, so Ding is also an accommodation person.