同问！　　这个短语似乎很万能啊，到处都是，意义很广似的．

Arm's length transaction： 公平交易；正常交易；公正交易；正当交易

长见识了。。。

3# 096001
非常欢迎这样知其然又知其所以然的解答！

写得真好！谢谢！

受教了

我也屡次在翻译中碰到这个词，涨见识了。

以为是臂长的路过

公平交易。
An arm’s length transaction involves the buying and selling of goods, services, properties, or stocks between two parties that are completely separate from one another. Generally speaking, an arm’s length transaction is the most common of all types of transactions. Here are some examples of qualifications that must be met in order for the activity to be defined as an arm’s length transaction.
http://www.wisegeek.com/what-is-an-arms-length-transaction.htm

棒棒哒！！

The arm's length principle (ALP) is the condition or the fact that the parties to a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to arrange an equitable agreement that will stand up to legal scrutiny, even though the parties may have shared interests (e.g., employer-employee) or are too closely related to be seen as completely independent (e.g., the parties have familial ties).

A simple example of not at arm's length is the sale of real property from parents to children. The parents might wish to sell the property to their children at a price below market value, but such a transaction might later be classified by a court as a gift rather than a bona fide sale, which could have tax and other legal consequences. To avoid such a classification, the parties need to show that the transaction was conducted no differently from how it would have been for an arbitrary third party. This could be done, for example, by hiring a disinterested third party, such as an appraiser or broker, who could offer a professional opinion that the sale price is appropriate and reflects the true value of the property.

The principle is often invoked to avoid undue government influence over other bodies, such as the legal system, the press, or the arts. For example, in the United Kingdom Arts Councils operate "at arm's length" in allocating the funds they receive from the government.

The Organisation for Economic Co-operation and Development (OECD) has adopted the principle in Article 9 of the OECD Model Tax Convention, to ensure that transfer prices between companies of multinational enterprises are established on a market value basis. In this context, the principle means that prices should be the same as they would have been, had the parties to the transaction not been related to each other. This is often seen as being aimed at preventing profits being systematically deviated to lowest tax countries, although most countries are also concerned about prices that fail to meet the arm's length test due to inattention rather than by design and that shifts profits to any other country (whether it has low or high tax rates). It provides the legal framework for governments to have their fair share of taxes, and for enterprises to avoid double taxation on their profits.

In the workplace, supervisors and managers deal with employee discipline and termination of employment at arm's length through the human resources department, if the company has one. In such cases, terminations and discipline must be rendered by staff who have the training and certification to do so legally. This is intended to protect the employer from legal recourse that employees may otherwise have in the event that it can be demonstrated that such discipline or terminations were not handled in accordance with the latest labor laws. For employees in unionised environments, shop stewards can represent the employee, whereas the HR department represents the company, so that both sides are on a more equal footing and can resolve matters outside of court, using informal negotiations or a grievance, saving both sides time and money. The arm's length dealings in this case mean that both an employee and a supervisor each have a qualified advocate.

from Wiki

savy?

可以理解为为了避嫌而公事公办的做法

太棒了，在文章里读到不懂，这里得到了很好的解释

the arm’s length Principle即独立交易原则，独立交易标准，也就是正常的市场交易原则。或许有助于理解the arm's length

是不是可以翻译成中国的俗话“亲兄弟，明算账”，或者“在商言商”等？

市场交易？

或者中国的俗语“公事公办”？

解释得非常好，谢谢了！

受教了！

长见识了

Arms Length Transaction is defined as: A transaction
negotiated by unrelated parties, each acting in their own self
interest in arriving at a basis for a fair market value
determination.

摘自某ZF文件，由Counselor撰写。这个表述很完整，所以贴上来。上面的几位可以说答得很确切了。