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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
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another.
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.
Sep 26, 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.
Jan 21, 2022 · A conflict of interest is when someone uses their position or relationship for personal benefit. Learn how to identify and avoid conflicts of interest in various settings with MasterClass.
Sep 26, 2018 · This situation is known as a conflict of interest -- and it occurs when a person or organization has an obligation to more than one person or organization and cannot act in the best interests of both parties.
