Arm’s-length Definition
ärmzleŋkth
adjective
Conducted or effected in a manner that is formal, impersonal, etc.
Arm's-length negotiations.
Webster's New World
Of or relating to the bargaining position or dealings of two or more unrelated parties of approximately equal bargaining power who are not connected, on close terms, or in a confidential relationship with each other and whose mutual dealings are influenced only by their own self-interest.
Webster's New World Law
(literally) Barely within reach.
Wiktionary
(idiomatic) Independent, but related.
Wiktionary
noun
Attributive form of arm's length.
The price reached in an arm's-length transaction is assumed to be the market price.
Wiktionary
A distance approximately equal to the length of a human's arm.
Wiktionary
(figuratively) A position not suggesting or inviting intimacy.
She remained at arm's length though we worked together for many years.
Wiktionary
(figuratively) A condition of independence and parity for parties to a transaction.
The police work at arm's length from the army.
Wiktionary
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