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Definition of Conflict of interest
1. Noun. A situation in which a public official's decisions are influenced by the official's personal interests.
Definition of Conflict of interest
1. Noun. (legal) A situation in which someone in a position of trust, such as a lawyer, insurance adjuster, a politician, executive or director of a corporation or a medical research scientist or physician, has competing professional or personal interests. ¹
¹ Source: wiktionary.com
Medical Definition of Conflict of interest
1. A situation in which a private person might benefit from his official or professional actions. It includes a conflict between his private interests or finances and his official responsibilities in his position of trust. The term is not restricted to private finances nor to only government officials. The concept refers both to actual or proven conflict of interest and the appearance or perception of conflict. (12 Dec 1998)
Lexicographical Neighbors of Conflict Of Interest
Literary usage of Conflict of interest
Below you will find example usage of this term as found in modern and/or classical literature:
1. The New Unionism in the Clothing Industry by Jacob M. Budish, George Henry Soule (1920)
"Here is a fundamental conflict of interest. The conflict is often far from the
surface, but even with the most amicable intentions on both sides it crops ..."
2. Principles of Equity by Walter Ashburner (1902)
"conflict of interest AND DUTY. THE jurisdiction in equity, as has already been
pointed Court pre- out (a), is not exclusively directed to repairing the ..."
3. Bulletin by Public Ownership League of America (1922)
"Immediately upon the establishment of municipal ownership this conflict of interest
disappears. The users then become the owners and a unity of interest is ..."