How Do You Spell ARMS LENGTH?

Pronunciation: [ˈɑːmz lˈɛŋθ] (IPA)

The phrase "arms length" is commonly used to refer to some kind of distance or separation between parties, often in a business or legal context. When we look at the spelling of this phrase, we can break it down into individual sounds using IPA phonetic notation. The first sound is the "ahr" sound, which is represented by the symbol /ɑ/. This is followed by the "m" sound, which is /m/. The next sound is the "z" sound, which is /z/, and then we have "length," which is spelled phonetically as /lɛŋθ/. So the full spelling of "arms length" would be /ɑrmz lɛŋθ/.

ARMS LENGTH Meaning and Definition

  1. "Arms length" is a term frequently used in legal, financial, and business contexts. It refers to a situation or relationship where two parties maintain a certain degree of detachment, independence, and impartiality from each other. It implies that they are dealing with each other at a distance, limiting personal connections, favoritism, or conflicts of interest.

    In legal terms, the concept of "arms length" often arises in contractual agreements, transactions, or negotiations. A deal conducted at arm's length suggests the absence of undue influence, collusion, or fraudulent behavior between the involved parties. It signifies that the parties are conducting business on fair and equal terms, without any unfair advantage.

    In financial contexts, the principle of arms length is vital, particularly in transfer pricing. It ensures that transactions between related entities (such as different subsidiaries within a corporation) are carried out at fair and market-driven prices. By maintaining an arms length approach, it helps prevent tax evasion or the manipulation of prices to shift profits to lower-tax jurisdictions.

    Overall, the term "arms length" denotes an objective, unbiased, and impartial relationship between parties, keeping personal interests or connections aside. It ensures transparency, fairness, and compliance with legal and ethical standards.

Common Misspellings for ARMS LENGTH

  • armslength
  • arms-lenth
  • arm-slength

Etymology of ARMS LENGTH

The term "arms length" is composed of two words: "arms" and "length". In this context, "arms" refers to the limbs of a person, specifically the arms. "Length" denotes the measurement or distance from one point to another. When used together, "arms length" refers to the distance at which two individuals stand apart, typically with their arms stretched out.

In a figurative sense, the phrase began to be used in legal and business contexts to describe a certain level of distance between parties in a transaction or relationship. It implies maintaining a certain level of detachment, objectivity, or neutrality, often to ensure fairness or prevent conflicts of interest.

As for the etymology of the term itself, it is challenging to determine its precise origin. The expression has been in use for several centuries, and its exact linguistic evolution is unclear.

Similar spelling words for ARMS LENGTH

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