/kənˈflɪkt ʌv ˈɪntrəst/ – Phrase
Definition: (Mỹ) mâu thuẫn quyền lợi (sự không tương xứng giữa địa vị chức tước với quyền lợi cá nhân của người giữ chức vụ, việc sử dụng chức vụ để mưu lợi ích cá nhân).
A more thorough explanation: A conflict of interest is a situation in which a person or entity has a personal, financial, or other interest that could influence their ability to act impartially or in the best interest of another party, leading to a potential risk of bias or unethical behavior.
Example: The attorney was unable to represent both parties in the case due to a conflict of interest, as one of the parties was a close relative of the attorney.