Definition
Genuine, made or done in good faith, without intent to deceive. A bona fide purchaser is one who buys without knowing of any defect in the title. The phrase is the legal world's sincere nod that you really did mean it.
Example Usage
The court held that the buyer was a bona fide purchaser for value and kept the painting.
Origin
Latin, meaning 'in good faith.'
Source: Common legal Latin
Related Terms
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See “Bona Fide” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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