conflict of interest

conflict of interest
noun
a situation in which a public official's decisions are influenced by the official's personal interests
• Hypernyms: ↑situation

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: a conflict between the private interests and the official responsibilities of a person in a position of trust (as a government official)

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1. 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.
2. 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.
[1950-55]

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conflict of interest,
the actual or potential conflict arising when a person holds an interest in a company doing business with his employer: »

The “conflict of interest” statutes bar Government officials who are appointed to their jobs from retaining stock or other interests in a concern that does business with the Federal agency the official works for (Wall Street Journal).

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noun, pl conflicts of interest [count]
formal : a problem caused by having official responsibilities that involve things that might be helpful or harmful to you

Critics say the senator created a conflict of interest when she recommended a change to the law that could benefit her husband's company.


Useful english dictionary. 2012.

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