The Mayor was advised to declare a potential conflict of interest over a road project that could boost his wife's business.
Financial and business terms. 2012.
conflict of interest — ˌconflict of ˈinterest noun conflicts of interest PLURALFORM [countable, uncountable] LAW a situation in which you cannot do your job fairly because you have the power to decide something in a way that would be to your advantage, although this… … Financial and business terms
declare an interest/a conflict of interest — declare an interest/a conflict of interest(s) ► to say publicly that you could gain a personal advantage from a situation and so might not be able to make decisions that are fair and honest: »The Mayor was advised to declare a potential conflict… … Financial and business terms
declare a conflict of interests — declare an interest/a conflict of interest(s) ► to say publicly that you could gain a personal advantage from a situation and so might not be able to make decisions that are fair and honest: »The Mayor was advised to declare a potential conflict… … Financial and business terms
declare an interest/a conflict of interests — declare an interest/a conflict of interest(s) ► to say publicly that you could gain a personal advantage from a situation and so might not be able to make decisions that are fair and honest: »The Mayor was advised to declare a potential conflict… … Financial and business terms
declare — de‧clare [dɪˈkleə ǁ ˈkler] verb [transitive] 1. to make something known officially to the public: • Shares in the company, which declared a £216 million loss, fell 712p to 334p. • Two dominant companies have declared major redundancy programmes… … Financial and business terms
declare an interest — declare an interest/a conflict of interest(s) ► to say publicly that you could gain a personal advantage from a situation and so might not be able to make decisions that are fair and honest: »The Mayor was advised to declare a potential conflict… … Financial and business terms
declare an interests — declare an interest/a conflict of interest(s) ► to say publicly that you could gain a personal advantage from a situation and so might not be able to make decisions that are fair and honest: »The Mayor was advised to declare a potential conflict… … Financial and business terms
interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… … Financial and business terms
Interest — The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property. The New York Times Financial… … Financial and business terms
interest — in|terest1 W1S2 [ˈıntrıst] n [Date: 1400 1500; Origin: Anglo French interesse, from Latin interesse to be between, make a difference, concern , from esse to be ] 1.) [singular, U] if you have an interest in something or someone, you want to know… … Dictionary of contemporary English
