Arms Length: Canada Debt .ca defines Arms Length

Bankruptcy Term Arms Length

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Arms Length. Finding answers to terms such as Arms Length can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Arms Length in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Arms Length' is used as follows:

The act of dealing with a person who is not a relative but an independent third party.