FIDE stands for the Federation Internationale des Échecs, or World Chess Federation in English. It is a non-profit organization that was founded in 1924 and is based in Switzerland. The organization is responsible for organizing international chess tournaments, setting the rules of the game, and promoting the game of chess around the world. The term 'Bona Fide' is derived from Latin and means 'in good faith'. It is often used to describe an action or agreement that is genuine and sincere. In the context of chess, it is used to describe a player who is playing honestly and without cheating.