armÂ’s length Hear it!

armÂ’s length definition - legal

adj

Of or relating to the bargaining position or dealings of two or more unrelated parties of approximately equal bargaining power who are not connected, on close terms, or in a confidential relationship with each other and whose mutual dealings are influenced only by their own self-interest.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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