arm's-length

[ahrmz-lengkth, -length]
adjective
not closely or intimately connected or associated; distant; remote: an arm's-length relationship.

Origin:
1645–55

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
arm's-length
 
adj
1.  lacking intimacy or friendliness, esp when possessing some special connection, such as previous closeness: we now have an arm's-length relationship
2.  (of commercial transactions) in accordance with market values, disregarding any connection such as common ownership of the companies involved

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

arms-length
1650s, from arm (1) + length. at arm's end is recorded from 1570s.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Since then, royal aides have cannily worked to secure autonomy and arms-length financing from government.
Excessive charges related to less-than-arms-length transactions.
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