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arm's length principle
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English
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English
Wikipedia
has an article on:
arm's length principle
Wikipedia
Proper noun
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the
arm
's
length
principle
The principle that the
parties
in a
transaction
should be
independent
and on an
equal
footing
, without any favorable treatment,
fiduciary
duties, etc.
Synonym:
(
initialism
)
ALP
Related terms
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arm's length price
