Utmost Good Faith

Business, Legal & Accounting Glossary

Definition: Utmost Good Faith


Utmost Good Faith


Full Definition of Utmost Good Faith


Legally, the parties to an insurance contract are assumed to have entered the contract in the ‘utmost good faith,’ which means they have not misrepresented any facts and intend to abide by the terms of the contract.


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/utmost-good-faith/
Modern Language Association (MLA):
Utmost Good Faith. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 08, 2025 https://payrollheaven.com/define/utmost-good-faith/.
Chicago Manual of Style (CMS):
Utmost Good Faith. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/utmost-good-faith/ (accessed: February 08, 2025).
American Psychological Association (APA):
Utmost Good Faith. PayrollHeaven.com. Retrieved February 08, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/utmost-good-faith/

Definition Sources


Definitions for Utmost Good Faith 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: 17th November, 2021 | 0 Views.