BFP

Business, Legal & Accounting Glossary

Definition: BFP




What is the dictionary definition of BFP?

Dictionary Definition


n. slang for bona fide purchaser, which means someone who purchased something (e.g. a bond, a promissory note, or jewellery) with no reason to be suspicious that it was stolen, belonged to someone else, or was subject to another party’s claim. The BFP must have paid a full and fair price and have received the item in the normal course of business, otherwise, he/she might have some doubts (“wanna buy a watch, cheap?” from a character on a street corner).


Synonyms For BFP


Bona Fide Purchaser

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bfp/
Modern Language Association (MLA):
BFP. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 27, 2021 https://payrollheaven.com/define/bfp/.
Chicago Manual of Style (CMS):
BFP. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bfp/ (accessed: September 27, 2021).
American Psychological Association (APA):
BFP. PayrollHeaven.com. Retrieved September 27, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/bfp/

Definition Sources


Definitions for BFP are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 7 Views.