arm’s length priceglossary / arm's-length price The price at which two unrelated, unaffiliated, and nondesperate parties would freely agree to do business. See arm’s-length transaction under TRANSACTION; fair market value under VALUE. 词条贡献者 法律翻译Walker,在一家美国白鞋所担任专职法律翻译,专注翻译各类与特拉华州业务有关的法律文件。