faithfaith /feɪθ/ noun [uncountableU]1confidence that someone or something can be trusted or will work properlyfaith inWe have faith in our staff.
Don’t put too much faith in competition.
Foreign investors were losing faith in the country.
→ duty of faith2LAW good faith if you do something in good faith, you do not intend to deceive anyone and believe that what you are doing is honestAs a gesture of good faith, he deposited £1,000 with the business agents.
A bank is not liable if it has accepted the cheque in good faith.
Throughout the negotiations we acted in good faith.
3LAW bad faith if you do something in bad faith, you intend to deceive peopleThe jury found that all three accountants had acted in bad faith.