in good faith

in good faith
With honesty, whether done negligently or not. Uniform Warehouse Receipts Act § 58.

Ballentine's law dictionary. . 1998.

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  • good faith — n [translation of Latin bona fides]: honesty, fairness, and lawfulness of purpose: absence of any intent to defraud, act maliciously, or take unfair advantage filed the suit in good faith negotiating in good faith see also good faith exception …   Law dictionary

  • Good faith — Good faith, or in Latin bona fide , is the mental and moral state of honesty, conviction as to the truth or falsehood of a proposition or body of opinion, or as to the rectitude or depravity of a line of conduct, even if the conviction is… …   Wikipedia

  • Good Faith — • A phrase employed to designate the mental and moral state of honest, even if objectively unfounded, conviction as to the truth or falsehood of a proposition or body of opinion, or as to the rectitude or depravity of a line of conduct Catholic… …   Catholic encyclopedia

  • good faith — is an intangible and abstract quality with no technical meaning or statutory definition, and it encompasses, among other things, an honest belief, the absence of malice and the absence of design to defraud or to seek an unconscionable advantage,… …   Black's law dictionary

  • good faith — is an intangible and abstract quality with no technical meaning or statutory definition, and it encompasses, among other things, an honest belief, the absence of malice and the absence of design to defraud or to seek an unconscionable advantage,… …   Black's law dictionary

  • good faith — ➔ faith * * * good faith UK US noun [U] ► a way of behaving that is honest: »Buyers have no right to keep a stolen car once it has been identified as stolen, even if it was bought in good faith. → Compare BAD FAITH(Cf. ↑ …   Financial and business terms

  • good faith — n [U] when a person, country etc intends to be honest and sincere and does not intend to deceive anyone in good faith ▪ The report claimed that the company had acted in good faith . sign/show/gesture etc of good faith ▪ A ceasefire was declared… …   Dictionary of contemporary English

  • good faith exception — n: an exception to the exclusionary rule: evidence obtained by the use of a warrant later found to be unsupported by probable cause is admissible if the investigating officers acted in reasonable reliance that the warrant was valid see also mapp… …   Law dictionary

  • good faith purchaser — n: a purchaser who gives value for an asset in good faith and without knowledge of adverse claims – called also good faith purchaser for value; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • good-faith purchaser — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good faith …   Law dictionary

  • good faith — noun uncount the intention of behaving in an honest and sincere way: in good faith: I borrowed the money in good faith, but now I can t pay it back …   Usage of the words and phrases in modern English

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