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Glossary > B > "Bona fide" Definition

Bona fide

A term meaning "in good faith". For example a person entering into an insurance contract is required to divulge all pertinent information in good faith. Failure to do so could result in breach of the contract and thus making it void.

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Bona fide - A term meaning "in good faith". For example a person entering into an insurance contract is required to divulge all pertinent information in good faith. Failure to do so could result in breach of the contract and thus making it void.

Bona fide : a term meaning "in good faith". for example a person entering into an insurance contract is required to divulge all pertinent information in good faith. failure to do so could result in breach of the contract and thus making it void.