arm`s length transaction
business dealing between two parties that are independent of each other | ||||
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Arms-length Transaction definition was found in categories: Business & Finance(1)
Arms-length Transaction Definition from Business & Finance Dictionaries & Glossaries
| Leasing |
Arms-length Transaction
A condition whereby two parties in a leasing transaction are independent. Looked at by accountants to determine reasonableness of price.
A condition whereby two parties in a leasing transaction are independent. Looked at by accountants to determine reasonableness of price.