Definitions for "Arm's length"
a transaction during which the parties deal from equal bargaining positions and stand upon the strict letter of the law or act in a formal manner on all exchanges. definition of arms length transaction defined arm's length transaction defined definition of arm's-length defined arms length defined
Legal slang meaning that there existed no special relationship between the parties involved in any matter which would taint the result.
Absence of personal relationship in business transactions where the buyer and the seller are not influenced by each other but dealings are set on equal bargaining strength
A transaction freely arrived at in the open market unaffected by abnormal pressures or by the presence of normal competitive negotiation as might be true in the case of a transaction between related parties.
Refers to transactions conducted strictly on a commercial basis.
Unaffected by abnormal pressures; a normal price of transaction resulting from normal competition.
a distance sufficient to exclude intimacy