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Related Definitions
Utmost good faith Utmost good faith is a higher degree of honesty is imposed on both Utmost good faith is a higher degree of honesty is imposed on both parties to an insurance contract than is imposed on parties to other contracts.
Faith healing Faith healing is the attempt to heal sickness through a non-rational belief without medical means being used. This belief is usually religious, such as the belief
Good -faith bargaining Good -faith bargaining is the principles applied to conducting negotiations where two parties meet and confer at reasonable times with open minds and the intention of reaching an agreement.
Good faith effort Good faith effort is the effort and action an organization puts forth to correct goals and specific problem areas.
Forfaiting Forfaiting is the purchase by the forfaiter of an exporter’s accounts receivable, which are based on negotiable instruments such as Bill of
Good Faith Bargaining Good faith bargaining is the cornerstone of effective labor-management relations. It means that both parties communicate and negotiate, that they match...
Good faith effort strategy An affirmative action strategy that emphasizes identifying and eliminating the obstacles to hiring and promotions women and minorities ...