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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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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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