bona fide

views updated May 21 2018

bo·na fide / ˈbōnə ˌfīd; ˈbänə/ • adj. genuine; real: only bona fide members of the company are allowed to use the logo.• adv. chiefly Law sincerely; without intention to deceive: the court will assume that they have acted bona fide.

Bona Fide

views updated Jun 27 2018


[Latin, In good faith.] Honest; genuine; actual; authentic; acting without the intention of defrauding.

A bona fide purchaser is one who purchases property for a valuable consideration that is inducement for entering into a contract and without suspicion of being defrauded or deceived by the seller. He or she has no notice of any defects of the title. A bona fide purchaser pays in good faith full value for the property and, without any fraud, goes into possession.

bona fide

views updated May 23 2018

bona fide XVI (as adj. XVIII). — L. ‘with good faith’, abl. of bona (fem. of bonus good) fidēs (FAITH).