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UKconflict of interest
/kˈɒnflɪkt ɒv ˈɪntɹəst/
/kˈɑːnflɪkt ʌv ˈɪntɹəst/conflict of interest
[PHRASE]1
a situation where someone's personal stake or potential gain from a decision may hinder their ability to make an unbiased or fair choice
What is the origin of the idiom "conflict of interest" and when to use it?
The idiom 'conflict of interest' originated in the mid-20th century and is used in situations where individuals or entities have dual roles or interests that could potentially make it hard for them to be fair. It is often used in legal, ethical, and professional contexts where transparency, fairness, and honesty are crucial. It is a reminder to be careful when people have different interests that could get in the way of doing the right thing.
Examples
1. I need to declare a conflict of interest here - one of the candidates for the job is a friend of mine.
2. One, I believe there's a personal conflict of interest thing and two, no.
3. His share was estimated at $350,000 when he sold it due to conflict of interest with Roc Nation Sports.
4. It's simple Members of Congress should not be allowed to own individual stocks in individual companies, then vote on those same issues because of its conflict of interest.
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