What does "conflict of interest" mean?

Usually this is said in an attorney's office. When there is something that might prohibit the attorney from doing their utmost for a client. They have some kind of knowledge or closeness to someone on the opposing side in a case.

A conflict of interest occurs when an individual or organization (such as a policeman, lawyer, insurance adjuster, politician, engineer, executive, director of a corporation, medical research scientist, physician, writer, editor, or any other entrusted individual or organization) has an interest that might compromise their actions. The presence of a conflict of interest is independent from the execution of impropriety.

It means a person might have an interest in the personal outcome of a situation, and that interest could come into conflict with his willingness to let the situation play out fairly. For example, if you had a brother who was a judge, he might refuse to preside over your court case, because he'd have a conflict between looking out for his brother and making sure both sides in the case were treated impartially.

Example: Your brother being your lawyer Definition 1 Situation that has the potential to undermine the impartiality of a person because of the possibility of a clash between the person's self-interest and professional-interest or public-interest. Definition 2 Situation where a party's responsibility to a second-party limits its ability to discharge its responsibility to a third-party.

CONFLICT OF INTEREST - Refers to a situation when someone, such as a lawyer or public official, has competing professional or personal obligations or personal or financial interests that would make it difficult to fulfill his duties fairly.

It means someone is interested in the conflict or it may fit the criteria of a class or something.

It means a person might have an interest in the personal outcome of a situation, and that interest could come into conflict with his willingness to let the situation play out fairly. For example, if you had a brother who was a judge, he might refuse to preside over your court case, because he'd have a conflict between looking out for his brother and making sure both sides in the case were treated impartially.

It means someone is interested in the conflict or it may fit the criteria of a class or something.

A conflict of interest occurs when an individual or organization (such as a policeman, lawyer, insurance adjuster, politician, engineer, executive, director of a corporation, medical research scientist, physician, writer, editor, or any other entrusted individual or organization) has an interest that might compromise their actions. The presence of a conflict of interest is independent from the execution of impropriety.