MLchartDataset catalogue

Arm's length

Term · Law · MLC-T-LAW-000563

Describing a transaction conducted as if between unrelated, independent parties, each acting in their own self-interest. This implies that there is no undue influence, coercion, or special relationship affecting the terms of the deal. Such transactions are presumed to be fair market value and are often required for tax or regulatory purposes.

Table 1. Record
IdentifierMLC-T-LAW-000563
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000563",
  "term": "Arm's length",
  "field": "Law",
  "definition": "Describing a transaction conducted as if between unrelated, independent parties, each acting in their own self-interest. This implies that there is no undue influence, coercion, or special relationship affecting the terms of the deal. Such transactions are presumed to be fair market value and are often required for tax or regulatory purposes.",
  "url": "https://mlchart.com/terminology/law/arm-s-length/"
}

Record 347 of 5,439 in Law terminology (MLC-0107). Request the full dataset.