A bona fide error is an unintentional mistake or oversight that may be corrected promptly to avoid exposure to legal action. ... Bona fide is a Latin phrase that means "in good faith.” A bona fide error, in law, acknowledges a mistake but maintains that it was unintentional.

What is bona fide in banking?

Related to Bona Fide Bank. ... Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

What is a bona fide defense?

Related to Bona Fide Defense. ... Defense means legal defense (which may include related counterclaims) reasonably conducted by reputable legal counsel of good standing selected with the written consent of the Claiming Party (which consent will not be unreasonably withheld).