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arm's length transactionA phrase that indicates a transaction was between two independent parties and that the resulting amount is a fair representation of the value.
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arm's length transactionDefinition 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 betw [..]
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arm's length transactionA transaction that is conducted as through the parties were unrelated, thus avoiding any conflict of interest.
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arm's length transactionA transaction between unrelated parties. A transaction freely arrived at in the open market unaffected by abnormal pressures as might be true in the case of a transaction between related parties.
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