no-claims bonus

no-claims bonus
UK / US noun [countable]
Word forms "no-claims bonus":
singular no-claims bonus plural no-claims bonuses British
a reduction in the cost of insurance which you get when you have not claimed money in previous years for any accident or damage

English dictionary. 2014.

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  • no-claims bonus — or no claims discount noun A reduction in the price of an insurance policy because no claims have been made on it • • • Main Entry: ↑no * * * no claims bonus UK US noun [countable] [singular no claims bonus …   Useful english dictionary

  • no claims bonus — UK US noun [C] (also no claims discount) INSURANCE ► a reduction in the amount paid for insurance because no claims (= requests for money following accidents or losses) have been made during a particular period: » If you make a claim you might… …   Financial and business terms

  • no-claims bonus — no claims .bonus n in Britain, a reduction in the amount that you have to pay for car insurance, because you have not claimed any money during a particular period …   Dictionary of contemporary English

  • no-claims bonus — ► NOUN Brit. ▪ a reduction in an insurance premium when no claim has been made during an agreed preceding period …   English terms dictionary

  • no-claims bonus — (also no claims discount) noun Brit. a reduction in an insurance premium when no claim has been made during an agreed preceding period …   English new terms dictionary

  • no-claims bonus — noun (C) BrE a reduction in the amount that you have to pay for car insurance, because you have not made any claims …   Longman dictionary of contemporary English

  • no-claims bonus — /nəυ kleɪmz ˌbəυnəs/ noun a lower premium paid because no claims have been made against the insurance policy …   Dictionary of banking and finance

  • no-claims bonus — A reduction in insurance premiums because no claims have been made …   Dictionary of automotive terms

  • Bonus-Malus — The term bonus malus (Latin for good bad) is used for a number of business arrangements which alternately reward (bonus) or penalize (malus). It is used, for example, in the call center and insurance industries. Contents 1 Call centers 2… …   Wikipedia

  • bonus — bo|nus S2 [ˈbəunəs US ˈbou ] n [Date: 1700 1800; : Latin; Origin: good ] 1.) money added to someone s wages, especially as a reward for good work ▪ Long term savers qualify for a cash bonus. ▪ Further additions to your pay may take the form of… …   Dictionary of contemporary English

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