arm's-length transaction; arm's-length deal

简明释义

正常商业交易

英英释义

例句

1.To avoid any conflicts of interest, the company insisted on conducting an arm's-length transaction with its suppliers.

为了避免任何利益冲突，公司坚持与其供应商进行公平交易。

2.In an arm's-length deal, neither party has any special relationship that could affect the terms of the agreement.

在公平交易中，双方没有任何特殊关系可能影响协议条款。

3.The auditor verified that the merger was an arm's-length deal to ensure compliance with regulatory standards.

审计师确认此次合并是公平交易，以确保符合监管标准。

4.The sale of the property was conducted as an arm's-length transaction, ensuring that both parties acted independently and in their own self-interest.

这笔房地产交易是作为公平交易进行的，确保双方独立行事并各自为自身利益考虑。

5.Investors prefer arm's-length transactions because they provide a clear market value for assets.

投资者更喜欢公平交易，因为它们为资产提供了清晰的市场价值。

作文

In the world of business and finance, the concept of an arm's-length transaction is crucial for ensuring fairness and transparency in dealings. An arm's-length deal refers to a transaction where the parties involved act independently and have no relationship with each other, thus ensuring that the terms of the deal are not influenced by any personal connections or conflicts of interest. This principle is fundamental in various types of transactions, including real estate, mergers and acquisitions, and even everyday sales. When two parties engage in an arm's-length transaction, it implies that they are negotiating from a position of equal footing and that neither party has undue influence over the other. This is particularly important in legal contexts, where the validity of a contract may be questioned if it is found that one party had a significant advantage over the other due to their relationship. For instance, if a parent sells a property to their child without conducting a proper appraisal, the transaction may not be considered arm's-length, raising concerns about whether the sale price was fair.The importance of arm's-length transactions extends beyond mere legality; it also impacts the perception of integrity within the market. Investors and stakeholders are more likely to trust businesses that adhere to this principle, as it demonstrates a commitment to ethical practices. Companies that consistently engage in arm's-length deals are often viewed more favorably by regulatory bodies, which can result in easier access to capital and better relationships with investors.Moreover, arm's-length transactions help in establishing a fair market value for assets. When transactions occur between unrelated parties, the prices agreed upon are more likely to reflect the true value of the goods or services exchanged. This is particularly vital in industries such as real estate, where inflated prices can lead to bubbles and subsequent crashes. By ensuring that transactions are arm's-length, the market can maintain stability and avoid drastic fluctuations that can harm both individual investors and the economy as a whole.In contrast, non-arm's-length transactions, where the parties have a close relationship, can lead to biased outcomes. For example, if a company sells its products to a subsidiary at a price significantly lower than the market rate, it could distort financial results and mislead stakeholders about the company's profitability. This is why regulatory frameworks often require disclosures of related-party transactions to ensure transparency and accountability.In conclusion, understanding the concept of arm's-length transactions is essential for anyone involved in business, finance, or law. These transactions promote fairness, transparency, and trust in the marketplace, ultimately leading to a healthier economic environment. By adhering to the principles of arm's-length deals, businesses can safeguard their reputations and foster positive relationships with their stakeholders, paving the way for long-term success. As we navigate the complexities of modern commerce, the significance of maintaining arm's-length transactions cannot be overstated, serving as a cornerstone for ethical business practices and sound financial management.

在商业和金融的世界中，‘臂长交易’的概念对于确保交易的公平性和透明度至关重要。‘臂长交易’是指交易双方独立行动，并且彼此之间没有关系，从而确保交易条款不受任何个人关系或利益冲突的影响。这一原则在各种类型的交易中都是基本的，包括房地产、并购，甚至日常销售。当两方参与‘臂长交易’时，这意味着他们在平等的基础上进行谈判，并且没有一方对另一方有不当影响。这在法律背景下尤为重要，因为如果发现一方对另一方有显著优势，合同的有效性可能会受到质疑。例如，如果父母以未进行适当评估的价格将房产出售给子女，则该交易可能不被视为‘臂长交易’，从而引发对销售价格是否公正的担忧。‘臂长交易’的重要性不仅仅局限于合法性；它还影响市场内部诚信的感知。投资者和利益相关者更倾向于信任遵循这一原则的企业，因为这表明了对道德实践的承诺。始终参与‘臂长交易’的公司通常会受到监管机构的更好评价，这可能导致更容易获得资本以及与投资者建立更好的关系。此外，‘臂长交易’有助于为资产确立公平的市场价值。当交易在无关方之间进行时，商定的价格更有可能反映所交换商品或服务的真实价值。这在房地产等行业中尤为重要，因为虚高的价格可能导致泡沫和随后的崩溃。通过确保交易是‘臂长交易’，市场可以保持稳定，避免可能对个人投资者和整个经济造成伤害的剧烈波动。相反，非‘臂长交易’的情况，即交易双方有密切关系，可能导致偏见结果。例如，如果一家公司以明显低于市场价的价格将其产品出售给子公司，可能会扭曲财务结果，并误导利益相关者关于公司盈利能力的信息。这就是为什么监管框架通常要求披露关联方交易，以确保透明度和问责制。总之，理解‘臂长交易’的概念对于任何参与商业、金融或法律的人来说都是至关重要的。这些交易促进了市场的公平性、透明度和信任，最终导致更健康的经济环境。通过遵循‘臂长交易’的原则，企业可以保护自己的声誉，并与利益相关者建立积极的关系，为长期成功铺平道路。在我们应对现代商业的复杂性时，保持‘臂长交易’的重要性不容小觑，它作为道德商业实践和健全财务管理的基石，具有重要意义。