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term:

Arm’s Length

arm’s length n

: 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.
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