What does bona fide gift mean?
(a) A ”bona fide gift” for purposes of §10.152 is an article formerly owned by a donor (may be a commercial firm) who gave it outright in its entirety to a donee without compensation or promise of compensation.
What does it mean to act bona fide?
A Latin term meaning “good faith”. This refers to an individual’s position under the law that is based in good faith without notice of fraud with regards to a particular transaction or with regards to the authenticity of a particular document.
What is a bona fide example?
Bona fide is defined as real or done honestly. An example of bona fide used as an adjective is in the phrase “a bona fide artifact from the Civil War,” which means a real artifact from the Civil War. adjective. In good faith. Acting, being, carried out, or made in good faith; authentic; genuine; sincere.
How do you use bona fide in a sentence?
Bona Fide in a Sentence ?
- Because the man had lied about having a medical degree, he was not a bona fide doctor.
- The jeweler stated the large diamond was bona fide and valuable.
- To make sure you are a bona fide buyer, the real estate agent will check your credit before allowing you to view the house.
Is it bonafide or bona fide?
Bona fide is a Latin phrase meaning “in good faith,” most often used to mean “genuine” today. It is often misspelled as if it were the past tense of an imaginary verb: “bonafy.” The correct spelling is “bonafide.” BUY THE BOOK!
What is bona fide decisions?
Related Content. In good faith, honestly, without fraud or deceit.
What does the word bona mean?
Definition of bona : property —used in Roman and civil law of real and personal property of any kind but chiefly of real property in Roman law and usually only of movables in common law.
Is bona fide a phrase?
1. Truthful or sincere. “Bona fide” is a Latin phrase meaning “good faith.” Believe me, this is a bona fide job offer—you can start on Monday.
Where does bona fide come from?
The adjective bona fide (without the “s”) is from a Latin phrase meaning “in good faith, with good faith.” It was originally used adverbially in this sense, but is now mainly an adjective. The meaning “authentic, true” is a later development sometimes denounced as sloppy usage, but its use is bona fide and widespread.