Law Dictionary

no–action clause

noun no–ac·tion clause

Legal Definition of no–action clause

  1. :  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

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).


to cast off or become cast off

Get Word of the Day daily email!