This is a limited preview — please sign in or subscribe to learn everything we know about the term “nuisance payment”.

nuisance payment

noun

Definitions of nuisance payment

  • money that an insurer will pay to settle a claim because the insurer thinks that it is worth that amount to settle and close, especially where the claim is either invalid or not covered by the policy contract

    "We offered opposing counsel two hundred dollars as a nuisance payment to go away, and they withdrew from the case altogether."

Phrase Bank for nuisance payment