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- DictionaryCon·flict of in·ter·est
noun
- 1. a situation in which the concerns or aims of two different parties are incompatible: "the conflict of interest between elected officials and corporate lobbyists"
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Jul 10, 2024 · The meaning of CONFLICT OF INTEREST is a conflict between the private interests and the official responsibilities of a person in a position of trust. How to use conflict of interest in a sentence.
A conflict of interest is a set of conditions in which professional judgment concerning a primary interest (such as a patient's welfare or the validity of research) tends to be unduly influenced by a secondary interest (such as financial gain).
Jun 23, 2024 · A conflict of interest occurs when a person's or entity's vested interests raise a question of whether their actions, judgment, and/or decision-making...
a situation in which someone cannot make a fair decision because they will be personally affected by the result: The mayor is himself involved in local businesses and has been accused of a conflict of interest.
Aug 17, 2023 · A conflict of interest is a scenario in which the interests of an individual holding a position of authority, power, or their favored relatives have the potential to, or do, inappropriately influence the execution of their duties and responsibilities.
Mar 10, 2023 · A conflict of interest is a situation in which an entity has competing responsibilities or interests. In business, a conflict of interest arises when a person's personal interests conflict with their professional obligations. Conflicts of interest often have legal consequences.
A conflict of interest arises when what is in a person’s best interest is not in the best interest of another person or organization to which that individual owes loyalty. For example, an employee may simultaneously help himself but hurt his employer by taking a bribe to purchase inferior goods for his company’s use.
a situation in which someone cannot make a fair decision because they will be personally affected by the result: The mayor is himself involved in local businesses and has been accused of a conflict of interest.
Nov 7, 2018 · The term “conflict of interest” in the legal world refers to a situation wherein an individual is in a position to exploit his professional capacity for his own benefit. For example, a conflict of interest would arise if one law firm tried to represent both parties in a divorce case.
Conflict of interest definition: the circumstance of a public officeholder, business executive, or the like, whose personal interests might benefit from their official actions or influence. See examples of CONFLICT OF INTEREST used in a sentence.
