conflict of interest


Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Idioms, Wikipedia.

conflict of interest

n. pl. conflicts of interest
A conflict between a person's private interests and public obligations.

con′flict of in′terest


n.
the circumstance of a public officeholder, corporate officer, etc., whose personal interests might benefit from his or her official actions or influence.
[1950–55]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.conflict of interest - a situation in which a public official's decisions are influenced by the official's personal interests
situation - a complex or critical or unusual difficulty; "the dangerous situation developed suddenly"; "that's quite a situation"; "no human situation is simple"
References in classic literature ?
He laid too great stress on what he called the class struggle, the antagonism between labor and capital, the conflict of interest.
We explain the nature of the conflict of interest that produces the class struggle.
That is what we socialists are trying to bring about,--the abolition of the conflict of interest.
There is no such thing as a conflict of interest between labor and capital--or, rather, there ought not to be.
When there is only so much of the same thing, and when two men want all they can get of the same thing, there is a conflict of interest between labor and capital.
You think it is a class conflict, or a conflict of interests, as social contests are with you in Europe.
You say it is not a conflict of classes and not a conflict of interests.
Religion keeps these two selfish sentiments in subordination by the thought of a future life; and in this way the harshness of the conflict of interests has been somewhat softened.
One weakness, the MP said, is that current laws do not explicitly define incompatibility and conflict of interest, and as a result the two concepts are often conflated.
BSP will initiate legal amendments allowing the Commission on Prevention and Ascertainment of Conflict of Interest (CPACI) to ask court to lift banking secrecy in an inspection of public office-holders.
Given the seriousness of the conflict of interest, the director agreed that he would withdraw from the meeting while the matter was discussed and similarly from subsequent meetings and that he would not receive any minutes, papers, emails, and so on which referred to the bid.

Full browser ?