arm's length principle

English

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: ALP (initialism)

单词	arm's length principle
释义	arm's length principle English Proper noun 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: ALP (initialism) Related terms arm's length price arm's length transaction
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