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Frank,毕业于英国一流的高级翻译学院,专注翻译各类与娱乐、体育及媒体有关的法律文件。