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- Dictionaryconflict of interest
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 30, 2024 · A conflict of interest occurs when personal interests and professional duties clash, leading to biased or unreliable actions or decisions. Learn about different types of conflicts of interest, how to disclose them, and their legal and ethical implications.
- Troy Segal
- 1 min
Learn the meaning of conflict of interest, a phrase that describes a situation in which someone's private interests are opposed to their responsibilities to others. See how to use it in different contexts and domains, such as law, business, and politics.
A conflict of interest is a situation in which a person or organization serves one interest that could work against another. Learn about the definition, types, examples, and rules of conflict of interest in various fields, such as law, medicine, and politics.
Aug 18, 2024 · 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.
Aug 17, 2023 · Learn what a conflict of interest is, how it can affect individuals and organizations, and what steps to take to prevent and manage it. See common examples of conflicts of interest and the consequences they can cause.
Jan 21, 2022 · Conflicts of interest arise when people use their professional or financial relationships for personal gain. These instances can crop up in corporate settings, nonprofits, public offices, and businesses alike. Learn more about what makes for a conflict of interest and how to stop them from happening.
Learn the meaning of conflict of interest, a phrase that describes a situation where a person's private interests and official duties conflict. See how to use it in a sentence and explore its legal and historical context.
