Usually means: Liability not assigned to anyone.
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We found 20 dictionaries that define the word no fault:

General (13 matching dictionaries)
  1. no-fault: Merriam-Webster.com
  2. no-fault: Oxford Learner's Dictionaries
  3. no-fault: American Heritage Dictionary of the English Language
  4. No-Fault, No-fault, no-fault: Wordnik
  5. no-fault: Cambridge Advanced Learner's Dictionary
  6. no-fault: Wiktionary
  7. no-fault: Webster's New World College Dictionary, 4th Ed.
  8. no-fault: The Wordsmyth English Dictionary-Thesaurus
  9. no-fault: Infoplease Dictionary
  10. no-fault, no fault: Dictionary.com
  11. no-fault (adj.): Online Etymology Dictionary
  12. no-fault: Cambridge Essential American English Dictionary
  13. no-fault: Dictionary/thesaurus

Business (7 matching dictionaries)
  1. no-fault: Webster's New World Finance & Investment Dictionary
  2. no-fault: Webster's New World Law Dictionary
  3. Everybody's Legal Dictionary (No longer online)
  4. INVESTORWORDS (No longer online)
  5. Glossary of Legal Terms (No longer online)
  6. No Fault, no-fault: Legal dictionary
  7. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (no fault)

adjective:  Alternative form of no-fault [(law, of vehicle insurance) In which a claimant is compensated for actual economic loss without blame being assigned to a particular party.]

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