arm's length
C1CEFR level
50/100Rarity: uncommon
TechnicalRegister
Business adjective
Conducted between independent parties each acting in their own interest.
Regulators will only accept the price if it was struck on an arm's length basis.
Business adjective
Conducted between independent parties dealing on equal, uninfluenced terms.
The transfer had to be priced on an arm's-length basis to satisfy the tax authorities.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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