Arm’s length
AccountingTerms comparable to those that would apply between unrelated parties.
In plain terms
An assertion by the company, hard for an outsider to verify. Approval is not proof.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Terms comparable to those that would apply between unrelated parties.
An assertion by the company, hard for an outsider to verify. Approval is not proof.