Law Dictionary
no–action clause
noun
no–ac·tion clause
Legal Definition of no–action clause
: a clause in an insurance contract providing that the insurer does not have to pay unless and until a judgment against the insured is obtained
Explore M-W
Seen and Heard
What made you want to look up no–action clause? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!