Bonafide:
Meaning : in good faith
Example : All the Directors must act bonafide for the benefit of the company as whole.
Pronunciation : Bo-na-fi-de
Ceteris paribus:
Meaning : all other things being equal.
Example : When a demand for certain product is more than supply ‘ceteris paribus‘ price of that product will rise.
Pronunciation : Ce-te-ris pari-bus