conflict of interest


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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.
In police work, merely declaring the conflict of interest is rarely (if ever) going to be a final solution; the usual course of affairs would involve informing a supervisory officer of the conflict of interest, and then working with that supervisory officer to ensure that the conflict of interest is dealt with through removal of the conflict or avoidance of the conflict.
By definition, a transaction in which a trustee has more than one loyalty is a conflict of interest.
Conflict of interest policies should require that all conflicts of interest of individual physicians, physician leaders, nonphysician leaders and board members be reported regularly.
And that is pretty much where the debate over conflict of interest in medical journals stands: Should research scientists who have financial stakes in the products they are writing about be forced to disclose those ties?

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