arm's length principle

English - Turkish

Definition of arm's length principle in English Turkish dictionary

Emsallerine uygunluk prensibi

English - English

Definition of arm's length principle in English English dictionary

The condition or the fact that the parties to a transaction are independent and on an equal footing

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. 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 arms length" in allocating the funds they receive from the government

Hyphenation

arm's length Prin·ci·ple

Turkish pronunciation

ärmz lengkth prînsıpıl

Pronunciation

/ˈärmz ˈleɴɢkᴛʜ ˈprənsəpəl/ /ˈɑːrmz ˈlɛŋkθ ˈprɪnsəpəl/