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arm's length transaction


Definition
A transaction between two related or affiliated parties that is conducted as if they were unrelated, so that there is no question of a conflict of interest. Or sometimes, a transaction between two otherwise unrelated or affiliated parties.

Related Terms

arm's length price -  More

transfer pricing -  More

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arm's length transaction is ...

... part of the Law & Estate Planning subject.
... #67 on our list of the most popular terms.
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