good faith

noun

Definition of good faith

: 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

His company, QuadrigaCX, was arguably operating in good faith by keeping all the information that links customers to their funds in a computer that was deliberately disconnected from the internet. Alexander George, Popular Mechanics, "Crypto Exchange Founder's Untimely Death Leaves $190 Million Locked Away in Limbo," 4 Feb. 2019 Everything becomes more difficult when the US refuses to engage in good faith. David Roberts, Vox, "The “Trump effect” threatens the future of the Paris climate agreement," 3 Dec. 2018 That means that in the case of downsizing, merger or sale, management is obligated to negotiate in good faith with members of the union’s bargaining committee to minimize the impact to workers. Shirin Ghaffary, Recode, "As digital media companies brace for change, unions try to cushion the blow," 26 Dec. 2018 The mystery buyer's immense gesture of good faith is a silver lining in what, to many, has been a sad narrative on the shuttering of an iconic American business. Christina Capatides, CBS News, "Anonymous person buys $1M worth of remaining toys at Toys "R" Us to donate," 29 June 2018 That, said Justice Samuel Alito for the conservative majority, showed a presumption of good faith. Bill Mears, Fox News, "Supreme Court sides with Texas in redistricting map dispute," 25 June 2018 People of good faith can see an unprecedented situation differently. NBC News, "Inspector General: Comey not biased in Clinton probe; agent vowed to 'stop' Trump," 14 June 2018 The White House, despite lacking a sense of good faith, nonetheless attempted to work with the Eagles over the weekend to change the event format that could accommodate a smaller group of players. Khadrice Rollins, SI.com, "White House Statement: 'Vast Majority of the Eagles Team Decided to Abandon Their Fans'," 5 June 2018 Is Trump prepared to life sanctions as a show of good faith to make that happen? Gregory Korte, USA TODAY, "Analysis: With an unopened letter from Pyongyang, Trump-Kim summit is on again," 1 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'good faith.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of good faith

14th century, in the meaning defined above

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Last Updated

12 Feb 2019

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The first known use of good faith was in the 14th century

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More Definitions for good faith

good faith

noun

English Language Learners Definition of good faith

: honesty in dealing with other people

good faith

noun

Legal Definition of good faith

: 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.

History and Etymology for good faith

translation of Latin bona fides

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Britannica.com: Encyclopedia article about good faith

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