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term:
Arm's Length
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arm's length n
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: the condition of the parties to a business deal in which each has independent interests and one does not dominate the other often used in the phrase at arm's length [a contract made at arm's length]
arm's-length adj
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.