uberrima fides

uberrima fides
uber·ri·ma fi·des /yü-'ber-i-mə-'fī-ˌdēz, ü-'ber-ē-ˌmä-'fē-ˌdās/ n [Latin, most abundant good faith]: utmost or perfect good faith
acted in uberrima fides
◇ The terms uberrima fides and uberrimae fidei, although grammatically distinct in Latin, are often used interchangeably in English.

Merriam-Webster’s Dictionary of Law. . 1996.

uberrima fides
'the utmost good faith'. Both in England and in Scotland, certain contracts are such that the parties are obliged to observe the utmost good faith. Indeed, parties who are about to enter such a contract are held to be under an obligation to disclose all relevant matters before the contract. Recognised instances are insurance, fidelity guarantees for officials and probably partnership. The effect of this is to allow a party, quite often an insurer, to avoid liability as the contract will be treated as voidable if there has not been disclosure.

Collins dictionary of law. . 2001.

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Look at other dictionaries:

  • Uberrima fides — (sometimes seen in its genitive form uberrimae fidei) is a Latin phrase meaning utmost good faith (literally, most abundant faith ). It is the name of a legal doctrine which governs insurance contracts. This means that all parties to an insurance …   Wikipedia

  • uberrima fides — yüˈberəməˈfī(ˌ)dēz noun Etymology: Latin, literally, most abundant faith : good faith the rights of the parties … should be interpreted in a spirit of uberrima fides H.B.Brown …   Useful english dictionary

  • uberrima fides — See utmost good faith …   Big dictionary of business and management

  • uberrima fides — /yuwbehrama faydiyz/ Lat. The most abundant good faith; absolute and perfect candor or openness and honesty; the absence of any concealment or deception, however slight. A phrase used to express the perfect good faith, concealing nothing, with… …   Black's law dictionary

  • Uberrima fides — utmost good faith, as required of one who contracts with another to whom he stands in a fiduciary relationship. 37 Am J2d Fraud § 15. Insurance policies are traditionally contracts uberrimae fidei. Stipcich v Metropolitan Life Ins. Co. 277 US 311 …   Ballentine's law dictionary

  • Fides — may refer to:*Fides (mythology), the goddess of trust in Roman mythology *Fides (reliability), guide allowing estimated reliability calculation in electronics *Fides Romanin, Italian cross country skier of the 1950s *37 Fides, asteroid in the… …   Wikipedia

  • fides — /faydiyz/ Faith; honesty; confidence; trust; veracity; honor. Occurring in the phrases bona fides (good faith), mala fides (bad faith), and uberrima fides (the utmost or most abundant good faith) …   Black's law dictionary

  • fides — /faydiyz/ Faith; honesty; confidence; trust; veracity; honor. Occurring in the phrases bona fides (good faith), mala fides (bad faith), and uberrima fides (the utmost or most abundant good faith) …   Black's law dictionary

  • utmost good faith — uberrima fides The fundamental principle of insurance practice, requiring that a person wishing to take out an insurance cover must provide all the information the insurer needs to calculate the correct premium for the risk involved. Nothing must …   Big dictionary of business and management

  • William Murray, 1st Earl of Mansfield — For descendants of the first Lord Mansfield, see Earl of Mansfield and Mansfield. The Right Honourable The Earl of Mansfield SL …   Wikipedia

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