- conflict of interest
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con·flict of interest /'kän-ˌflikt-/1: a conflict between the private interests and the official or professional responsibilities of a person in a position of trust2: a conflict between competing duties (as in an attorney's representation of clients with adverse interests) see also aba model rules of professional conduct in the important laws section
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- conflict of interest
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I
noun
conflict, divergent interests between clients, ethical breach, prohibiting acceptance or retention of a case, variance of interest between clients
associated concepts: code of professional responsibility, disqualification
II
index
disagreement
Burton's Legal Thesaurus. William C. Burton. 2006
- conflict of interest
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n.An ethical dilemma in which a person is entrusted with two duties at odds with one another, in which attention to one duty will harm the other.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- conflict of interest
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1) A real or apparent conflict between one's professional or official duties and one's private interests.2) A situation where one duty conflicts with another — for example, if an attorney were to represent both parties in a divorce proceeding.Category: Business, LLCs & CorporationsCategory: Divorce & Family LawCategory: Small Claims Court & LawsuitsCategory: Wills, Trusts & Estates
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- conflict of interest
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n.1 The real or apparent conflict between one's personal interest in a matter and one's duty to another or to the public in general regarding the same matter.2 The real, apparent, or potential conflict between the duty owed to one in a matter and the duty owed to another regarding the same matter, especially if the person who owes the duty is a lawyer (such as one who represents two defendants in the same case).
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- conflict of interest
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A term used to describe the situation in which a public official or fiduciary who, contrary to the obligation and absolute duty to act for the benefit of the public or a designated individual, exploits the relationship for personal benefit, typically pecuniary.
Dictionary from West's Encyclopedia of American Law. 2005.
- conflict of interest
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A term used to describe the situation in which a public official or fiduciary who, contrary to the obligation and absolute duty to act for the benefit of the public or a designated individual, exploits the relationship for personal benefit, typically pecuniary.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- conflict of interest
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n.a situation in which a person has a duty to more than one person or organization, but cannot do justice to the actual or potentially adverse interests of both parties. This includes when an individual's personal interests or concerns are inconsistent with the best for a customer, or when a public official's personal interests are contrary to his/her loyalty to public business. An attorney, an accountant, a business adviser or realtor cannot represent two parties in a dispute and must avoid even the appearance of conflict. He/she may not join with a client in business without making full disclosure of his/her potential conflicts, he/she must avoid commingling funds with the client, and never, never take a position adverse to the customer.
Law dictionary. EdwART. 2013.
