fair dealing

/feə 'di:lɪŋ/ noun
the legal buying and selling of shares

Dictionary of banking and finance. 2015.

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  • Implied covenant of good faith and fair dealing — The Implied covenant of good faith and fair dealing is a general assumption of the law of contracts, that people will act in good faith and deal fairly without breaking their word, using shifty means to avoid obligations, or denying what the… …   Wikipedia

  • implied covenant of good faith and fair dealing — An implied obligation that assumes that the parties to a contract will act in good faith and deal fairly with one another without breaking their word, using shifty means to avoid obligations, or denying what the other party obviously understood.… …   Law dictionary

  • implied covenant of good faith and fair dealing —    A general assumption of the law of contracts that a person will act in good faith and deal fairly without breaking her or his word, attempting to avoid obligations, or denying that which was clearly understood. A lawsuit based on the breach of …   Business law dictionary

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