- no claims bonus
- 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 lose your no claims bonus.
Financial and business terms. 2012.
Look at other dictionaries:
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 [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
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