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conflict of interest

the circumstance of a public officeholder, business executive, or the like, whose personal interests might benefit from his or her official actions or influence:
The senator placed his stocks in trust to avoid possible conflict of interest.
the circumstance of a person who finds that one of his or her activities, interests, etc., can be advanced only at the expense of another of them.
Origin of conflict of interest
1950-55 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for conflict of interest
  • The remarkable thing was that even when the estimators were told that the advisers had a conflict of interest they didn't care.
  • Potential jurors who have a conflict of interest in a case are not allowed to be on that case's jury.
  • Peer review should either support or undermine their ideas and at that point conflict of interest will no longer be a concern.
  • Removing the conflict of interest should ultimately benefit everybody.
  • He has a lot conflict of interest in every paper he produces.
  • The author has a major conflict of interest in writing this article.
  • It would be absolute madness to suppose scientist are conflict of interest free.
  • In practice, it is deeply flawed, because it creates a conflict of interest between the investment bank and the company.
  • But financial transactions with direct relatives could give the appearance of a conflict of interest, the guidelines say.
  • If they accept, they must declare any relationship or conflict of interest they have with the subject under discussion.
conflict of interest in Culture

conflict of interest definition

A situation in which someone who has to make a decision in an official capacity stands to profit personally from the decision. For example, a judge who rules on a case involving a corporation in which he or she owns stock has a conflict of interest.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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