conflict of interest

Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia.

a conflict of interest

A situation that is problematic because various components of it are incompatible or in opposition. A: "I heard that officer was removed from the case due to a conflict of interest." B: "Yeah, his cousin is now one of the suspects."
See also: conflict, interest, of

conflict of ˈinterest(s)

a situation in which there are two jobs, aims, roles, etc. and it is not possible for both of them to be treated equally and fairly at the same time: There was a conflict of interest between his business dealings and his political activities.
See also: conflict, interest, of
References in periodicals archive ?
Many police departments have recognized the problems that may be caused by conflict of interest and have introduced regulations that are designed to prevent some common conflicts of interest from arising.
The more intense, immediate, systematic, and individual the conflict of interest is, the greater the threat that it poses to the fiduciary professionalism of physicians and health care organizations.
Most schools offer a class in medical ethics, but there's no requirement that they discuss conflict of interest.
010) recommends that the CPA "disclose the nature of the conflict of interest to clients and other appropriate parties affected by the conflict and obtain their consent to perform professional services.
The 144-page report offers a comprehensive examination of the prevalence of conflict of interest in six types of activities in the public sector: public service delivery; recruitment; procurement; licensing and project approval; inspection and auditing; and handling of violations.
The post Code of conduct governing conflict of interest of CBC board members reaffirmed appeared first on Cyprus Mail .
Answering the business and human questions at the heart of the conflict of interest problems provides a beginning framework for avoiding them--and the unwanted attention--they can create.
Under the current regime, the fine for failure to submit a conflict of interest declaration within the statutory deadline is BGN 1000 a 3000, and in the case of a repeat offense a BGN 3000 a 5000.
In this example the conflict of interest can be said to go further than simply exempting from participation, as the chair's family business was, in theory, competing with the LOC, and the chair could therefore not be acting in the best interests of both the LOC and his own business.
The conflict of interest stemmed from the fact that Yaneva bought several properties from Sofiiski Imoti, representing a company owned by her father.
Any apparent conflict of interest or real conflict of interest must be disclosed to the client.
Conflict of Interest in Medical Research, Education and Practice examines the nature and ethics of conflict of interest in medicine.
Conflict of interest in medical publishing exists when a participant's private interests compete with his or her responsibilities to the scientific community, readers, and society.
A common misunderstanding is that having a potential conflict of interest means that the individual is necessarily doing something wrong or unethical.
The circumstances of his downfall led to the current conflict of interest provisions of the Municipalities Act of New Brunswick.
Full browser ?