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- Unintentional mistakeA bona fide error is an unintentional mistake or oversight that may be corrected promptly to avoid exposure to legal action. Bona fide is a legal term that is often inserted in documents to indicate that any errors it contains are accidental and will be corrected.
www.investopedia.com/terms/b/bona-fide-error.asp Bona fide Definition & Meaning - Merriam-Webster
The meaning of BONA FIDE is neither specious nor counterfeit : genuine. How to use bona fide in a sentence. Did you know? Synonym Discussion of Bona Fide.
bona fide - Meaning in Law and Legal Documents, Examples and …
What does "bona fide" mean in legal terms? In legal terms, "bona fide" describes a person or action that is honest and legitimate. For example, a "bona fide purchaser" is someone who …
Bona Fide Errors: Understanding, Examples, and …
Mar 19, 2024 · A bona fide error is an unintentional mistake or oversight that can be promptly corrected to avoid legal action. It arises from the legal principle of acting in good faith. Understanding what constitutes a bona fide error is crucial …
Bona Fide - Definition, Examples, Cases, Processes - Legal …
Oct 5, 2018 · The term “bona fide” is used to describe something that is presented as authentic or real. For example, a bona fide purchaser is someone who has no reason to raise suspicions …
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Bona Fide Definition - What Does Bona Fide Mean? - Legal …
Bona Fide is a Latin legal term that means "in good faith" or "sincere." Under legal circumstances, Bona Fide implies the presence of honesty, openness, and fairness in transactions or …
Understanding Bona Fide: Definition, Examples, and Legal
Bona fide is a Latin term commonly used in legal and financial contexts to denote something that is genuine, sincere, or conducted in good faith. This guide aims to explain what bona fide …
BONA FIDE | English meaning - Cambridge Dictionary
Only bona fide auxiliaries were permitted : the modals can/could, will/would, shall/should, may/might, or be, do, or have.
BONA FIDE | definition in the Cambridge English Dictionary
The buyers were bona fide customers, too, salary earners spending a decent part of their wage. From Fast Company Second, those impressionable fans were regurgitating the same …
Definition of BONA FIDE ERROR • Law Dictionary • TheLaw.com
Legal definition for BONA FIDE ERROR: An honest error or a genuine mistake.
bona fide mistake - English definition, grammar, pronunciation ...
Learn the definition of 'bona fide mistake'. Check out the pronunciation, synonyms and grammar. Browse the use examples 'bona fide mistake' in the great English corpus.
Bona Fide: Definition and Examples (2022) - Contract Lawyers
If the source of an act or statement is bona fide, it can lead to decreased or removal of liability altogether. Technically, bona fide refers to a legal term that highlights oversight or …
BONA FIDE Definition & Meaning | Dictionary.com
Genuine: “The offer was a bona fide business opportunity: they really meant to carry it through.” From Latin, meaning “in good faith.”
Bona Fide vs. Mala Fide - What's the Difference? | This vs. That
Bona fide refers to actions that are genuine, honest, and done with good intentions, while mala fide refers to actions that are deceitful, dishonest, and done with malicious intent. In legal …
Bona Fide Error - Academy of Tax Law
A Bona Fide Error is an unintentional mistake made in good faith that occurs despite implementing reasonable precautions.
What Does Bona Fide Mean? - The Word Counter
Jul 15, 2021 · As a legal term, the word bona fide means made in good faith, without any fraud or deceit. Bona fide is three syllables – bo-na-fide, and the pronunciation of bona fide is ˈbɑnə ˌfaɪd.
bona Bona fide error Definition - Law Insider
Define bona Bona fide error. means an unintentional clerical, calculation, computer malfunction or programming, or
How to Use Bona fide, bona fides Correctly - GRAMMARIST
In modern English, bona fide (without the s) is usually an adjective meaning (1) made or carried out in good faith or (2) real or genuine. Bona fides, with the s at the end, is a noun meaning (1) …
Bona Fide: Definition and Meaning - Online Tutorials Library
Bonofide (good faith) refers to actions taken in a morally righteous manner, whether or not they were careless. According to the IPC, in order to carry out an act in good faith, it must be done …
Bona Fide Error Definition - Livewell
Oct 17, 2023 · A bona fide error is an unintentional mistake made by a financial institution in data reporting or financial calculations. Understanding bona fide errors is crucial, as they can …
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