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Bona fide is Latin for good faith and is an important concept in law. It generally connotes something genuine, lawful, or made or done in good faith, which signifies the mental state of honesty as to the truth or falsehood of a proposition or opinion, or as to the morality of conduct. For example,“The power to amend the articles must be exercised bona fide for the benefit of the company as a whole.”

In modern English usage, the term bona fides is a synonym for credentials, background, or documentation as to one’s identity.

Also of note, bona fide purchaser (BFP) is a legal term that refers to an innocent party who purchases property without notice of any third party’s claim to the title of that same property.