good faith

noun

: honesty or lawfulness of purpose

Examples of good faith in a Sentence

You have no right to question my good faith.

Recent Examples on the Web

Better immigration rules would also build good faith and illustrate that politicians can pursue long-term solutions to the United States’ problems. —Robert A. Pape, Foreign Affairs, 23 Sep. 2024

Kimble added that negotiations have been done in good faith, despite the unions’ claims, with two offers that were agreed upon and recommended by the union committee members but were later turned down by them. —Hema Sivanandam, The Mercury News, 18 Sep. 2024

Social networks have never been the realm of good faith or authenticity; trolls and other engagement baiters have been able to engineer their own virality for years and years, simply by correctly predicting what large numbers of people will respond to. —Damon Beres, The Atlantic, 9 Sep. 2024

However, there is an agreement between the league and its media partners to revisit the rights deals with good faith talks after three years. —Tim Baysinger, Axios, 6 Sep. 2024

Word History

First Known Use

14th century, in the meaning defined above

Kids Definition

good faith

noun

: honesty or lawfulness of purpose

bargained in good faith

Legal Definition

good faith

noun

: 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, good faith purchaser compare bad faith

Note: The meaning of good faith, though always based on honesty, may vary depending on the specific context in which it is used. A person is said to buy in good faith when he or she holds an honest belief in his or her right or title to the property and has no knowledge or reason to know of any defect in the title. In section 1-201 of the Uniform Commercial Code good faith is defined generally as “honesty in fact and the observance of reasonable commercial standards of fair dealing.” Where recent U.C.C. amendments have not been adopted, this definition is found in Article 3 on negotiable instruments (and applies to Article 4 on bank deposits and collections and Article 4A on funds transfers), while Article 2 on sales defines it as “honesty in fact and the observance of reasonable commercial standards of dealing in the trade.” Article 5 (letters of credit), as amended, defines it as “honesty in fact in the conduct or transaction concerned.” The U.C.C. imposes an obligation of good faith on the performance of every contract or duty under its purview. The law also generally requires good faith of fiduciaries and agents acting on behalf of their principals. There is also a requirement under the National Labor Relations Act that employers and unions bargain in good faith.

Etymology

translation of Latin bona fides