conflict of interest


Definitions (2)

1.A situation that has the potential to undermine the impartiality of a person because of the possibility of a clash between the person's self-interest and professional interest or public interest.
2.A situation in which a party's responsibility to a second-party limits its ability to discharge its responsibility to a third-party.

Use this term in a sentence

  • When a government official has a personal monetary interest in a matter up for vote, it is best for the official to abstain from voting to avoid the appearance of a conflict of interest.

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  • Alice was found to have a conflict of interest and forbidden to act as judge in her favorite uncle's trial.

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  • I witnessed nepotism at its finest at the last company I worked for. When it was time for a raise there was a conflict of interest between me and the company family.

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