请问arm's length funds

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请问arm''slengthfunds请问arm''slengthfunds请问arm''slengthfundsarm''slength一臂之隔形容按照双方相互独立(不考虑关联关系)而完成的交易,就是公平交

请问arm's length funds
请问arm's length funds

请问arm's length funds
arm's length 一臂之隔
形容
按照双方相互独立(不考虑关联关系)而完成的交易,就是公平交易
funds 是基金或资金
arm's length funds 的意思是
与经理人无直接个人利益关系的投资基金

手臂的长度基金

唾手可得的资金

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我想这应该指符合the arm's length原则的经费，也就是经费的经手双方彼此独立，没有特殊的关系，如亲属或其它交易等－这和某些政府把国家的垄断权和经费交给自己的儿子、闺女、七姑八姨什么的来做买卖，形成对照（手递手 vs. at the arm's length）。
参考网上的解释：
arm's length adj. the description of an agreement made by two parties freely and independently of each other, and without some special relationship, such as being a relative, having another deal on the side or one party having complete control of the other. It becomes important to determine if an agreement was freely entered into to show that the price, requirements, and other conditions were fair and real. Example: if a man sells property to his son the value set may not be the true value since it may not have been an "arm's length" transaction.

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