bona fide purchaser for value

noun

  • Property Law
  • Contract Law
  • Sale of Goods and Services

Definitions of bona fide purchaser for value

  • a person who has bought something for a certain value without any knowledge that the seller may not have sold it in good faith (=honestly)

    The claimant was not a bona fide purchaser for value and thus had no legal standing to challenge the subsequent sale.

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Phrase Bank for bona fide purchaser for value