Meaning of “a conflict of interest” in the English Dictionary

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"a conflict of interest" in British English

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a conflict of interest

C2 a situation in which someone cannot make a fair decision because they will be affected by the result:

I need to declare a conflict of interest here - one of the candidates for the job is a friend of mine.

(Definition of “a conflict of interest” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)