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Letter B
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Bona Fide

Latin for 'in good faith.' Refers to actions or transactions made honestly, without fraud or deception.

Encyclopedia entry: Bona Fide

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bona fide

Bona fide is a Latin term that means “good faith” and is most frequently seen in the context of a bona fide purchaser

[Last reviewed in June of 2022 by the Wex Definitions Team
]

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Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.