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BFP definition
slang for bona fide purchaser, which means someone who purchased something (e. g.
a bond, a promissory note, or jewelry) 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 ("wanta buy a watch, cheap?"
from a character on a street corner).
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