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Legal Definition of bona fide. 1a : characterized by good faith and lack of fraud or deceit a bona fide offer b : valid under or in compliance with the law retirement incentives made part of a bona fide employee benefit plan. 2 : made with or characterized by sincerity a bona fide belief.
Latin: good faith. Also bona fides (with an s). A bona fide owner of a negotiable instrument, for example, would one who holds it without any knowledge of a defect in title. In good faith, honestly, without fraud, collusion or participation in wrong-doing.