Definitions for no-fault

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Random House Webster's College Dictionary

no′-fault`(n.)

a form of automobile insurance entitling a policyholder in case of an accident to collect basic compensation for any financial loss without a determination of liability.
Category: Business
(adj.)of or pertaining to such insurance.
Category: Business
holding neither party responsible.
Category: Law

Origin of no-fault:

1965–70, Amer.

Wiktionary

no-fault(Adjective)
in which a claimant is compensated for actual economic loss without blame being assigned to a particular party
no-fault(Adjective)
in which neither party is assigned blame

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