conflict of interest Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “conflict of interest” in the English Dictionary

"conflict of interest" in American English

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conflict of interestnoun [C]

 us   /ˈkɑn·flɪkt əv ˈɪn·trəst, ˈɪn·tər·əst/
a ​situation in which someone’s ​privateinterests are ​opposed to that person's ​responsibilities to other ​people: Council ​members should ​avoid any ​potential conflict of interest.
(Definition of conflict of interest from the Cambridge Academic Content Dictionary © Cambridge University Press)

"conflict of interest" in Business English

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conflict of interestnoun [C or U]

uk   us   (plural conflicts of interest)
LAW a ​situation in which someone cannot make a ​fair decision because they will be personally affected by the ​result: The mayor is himself involved in ​localbusinesses and has been ​accused of a ​conflict of ​interest.have/declare/avoid a conflict of interest Board ​members are ​required to ​declare a ​conflict of ​interest in the ​case of any ​contract that ​benefits that member's family.create/present/pose a conflict of interest Working for two ​companies need not necessarily pose a ​conflict of ​interest.
(Definition of conflict of interest from the Cambridge Business English Dictionary © Cambridge University Press)
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