Bona fide
Definition
In the supply chain context, "bona fide" refers to something that is genuine, legitimate, or in good faith. It signifies an action, transaction, or agreement that is conducted honestly, without deception or fraudulent intent. In logistics and trade, the term "bona fide" is often used to refer to a party or document that is considered authentic, valid, and trustworthy, ensuring that the transactions and relationships within the supply chain are conducted in a transparent and lawful manner.
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