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Meaning of arm's length principle | Babel Free

Noun CEFR C1

Definitions

The principle that the parties in a transaction should be independent and on an equal footing, without any favorable treatment, fiduciary duties, etc.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

arm's reach Armacost Armada Armadale Armadas armadilla

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