no-claims bonus Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “no-claims bonus” in the English Dictionary

"no-claims bonus" in British English

See all translations

no-claims bonusnoun [C]

uk   /ˌnəʊ.kleɪmzˈbəʊ.nəs/  us   /ˌnoʊ.kleɪmzˈboʊ-/ (also no-claims discount) UK
an ​amount by which someone's ​payment for insurance is ​reduced, ​especially for a ​motorvehicle, because they have not made any ​claims for a ​particularperiod
(Definition of no-claims bonus from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"no claims bonus" in Business English

See all translations

no claims bonusnoun [C]

uk   us   (also no claims discount) INSURANCE
a ​reduction in the ​amountpaid for ​insurance because no claims (= ​requests for ​moneyfollowing accidents or ​losses) have been made during a particular ​period: If you make a ​claim you might lose your no ​claimsbonus.
(Definition of no claims bonus from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of no-claims bonus?
Add Cambridge dictionaries to your browser to your website
Word of the Day

harvest

to pick and collect crops, or to collect plants, animals, or fish to eat

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More