arm's-length


Also found in: Financial.

arm's-length

adj
1. lacking intimacy or friendliness, esp when possessing some special connection, such as previous closeness: we now have an arm's-length relationship.
2. (Commerce) (of commercial transactions) in accordance with market values, disregarding any connection such as common ownership of the companies involved
References in classic literature ?
Then he held her at arm's-length, and they looked straight into each other's eyes.
What I could not endure without pangs of secret jealousy was that he should like Heine, too, and should read him, though it was but an arm's-length in an English version.
Conscious of having honestly presented himself at the inn in Anne's interests, as well as in the interests of the ladies at Windygates, it appealed to his sense of humor to find himself kept at arm's-length by the very woman whom he had come to benefit.
Because the courts decide questions of whether a situation is arm's-length or not on a case by case, fact-driven basis, they don't provide much additional guidance.
482 clarifying the application of the arm's-length standard when multiple Code sections (e.
For example, does the employee's pay reasonably compare to that an arm's-length employee would accept for similar work?
He favours an arm's-length funding commission setting a four-year budget for each authority.
For example, under the new rules, certain services that are either specified in a revenue procedure or are low-margin services with an arm's-length mark-up of 7 percent or less may qualify for pricing under the Service Cost Method (SCM) and may be charged out with no mark-up.
But despite making sweeping changes, he has stuck with the principle of arm's-length funding for the arts.
Even though section 1041 nullified Davis on the recognition of gain requirement, the fact that transfers pursuant to a divorce are arm's-length transactions still stands.
In both countries, large parts of the bureaucracy have been set up as agencies that work at arm's-length from elected officials.
A written recruitment agreement was entered into pursuant to arm's-length negotiations between the parties.