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Rdep01 Posted 15 years ago
Vocabulary
Arm's lenght
Hello all, 
"arm's lenght" means a link between two people, two companies ...
But "arm's lenght transaction" means a transaction without particular link between the seller and the buyer.
That means a "common" transaction.
Anybody would be willing to explain me those opposite meanings ?
Thank by advance !
"arm's lenght" means a link between two people, two companies ...
But "arm's lenght transaction" means a transaction without particular link between the seller and the buyer.
That means a "common" transaction.
Anybody would be willing to explain me those opposite meanings ?
Thank by advance !
Top answer
In a sense, you have the correct meaning but I would like you to consider the following explanation. First of all, it's "arms length ". In business, an "arm's length transaction" means: A transaction in which the buyers and sellers of a product act independently and have no relationship to each other.
- In a sense, you have the correct meaning but I would like you to consider the following explanation.
- First of all, it's "arms length ".
- In business, an "arm's length transaction" means: A transaction in which the buyers and sellers of a product act independently and have no relationship to each other.
- The concept of an arm's length transaction is to ensure that both parties in the deal are acting in their own self-interest and are not subject to any pressure or duress from the other party.
- You can visualize the origin of this expression by holding out your arm 90° to your body.
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4 Answers
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In a sense, you have the correct meaning but I would like you to consider the following explanation.
First of all, it's "arms length".
In business, an "arm's length transaction" means:
A transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an arm's length transaction is to ensure t
First of all, it's "arms length".
In business, an "arm's length transaction" means:
A transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an arm's length transaction is to ensure t
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Hello,
Thank you
By any chance, would you know from where this idiom is coming ? literature, middle age ?
Thank you
By any chance, would you know from where this idiom is coming ? literature, middle age ?
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Hi
John is right
In the UK we have organisations called ALMOs - they are Arms-Length Management Organisations. They are usually concerned with housing that used to be managed by local government
It means that they carry out government policy but they do so in their own way. They do not have to obey the exact instructions of government, but they have to follow a policy
John is right
In the UK we have organisations called ALMOs - they are Arms-Length Management Organisations. They are usually concerned with housing that used to be managed by local government
It means that they carry out government policy but they do so in their own way. They do not have to obey the exact instructions of government, but they have to follow a policy
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Hello,
Thank you.
Cubit is more about forearm, but I see your point.
For "arm's length transaction", it seems that this is with "independence" a little bit as for "cow" with "beef", there are two words/idioms where there is only one in some other coutries
Thank you.
Cubit is more about forearm, but I see your point.
For "arm's length transaction", it seems that this is with "independence" a little bit as for "cow" with "beef", there are two words/idioms where there is only one in some other coutries
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