The term 'HONESTY' is defined as the quality of being honest, which is characterized by truthfulness, integrity, and fairness. HONESTY is a highly valued trait in many cultures and societies, and it is often seen as a sign of good character. HONESTY is also important in relationships, as it helps to build trust and respect between people. HONESTY is also essential in business, as it helps to ensure that transactions are conducted fairly and without deception.