good faith

  

Definition

Effort made, information given, or transaction done, honestly and without a deliberate intention to defraud the other party. However, good-faith does not necessarily mean 'without negligence.' Also called bona fides, it is implied by law into commercial contracts.

Use good faith in a sentence

  • We operated in good faith when conducted business based on the hand shake contract with the new business partner from Texas.

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  • Although the homeless man showed a good faith effort to stop drinking and using drugs, he was still arrested for vagrancy and drug abuse.

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  • You should always try to make every deal and give your best good faith effort to make sure to keep to what you said.

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