/kənˌflɪkt ʌv ˈɪntrəst ruːl/ – Phrase
Definition: (Mỹ) quy định về mâu thuẫn quyền lợi (cấm công chức, đại biểu quốc hội,… giữ các chức vụ trong các công ty tư nhân).
A more thorough explanation: A conflict-of-interest rule is a legal principle or regulation that requires individuals in positions of authority or trust to disclose any personal interests or relationships that could potentially influence their decision-making in a way that may not be in the best interest of the organization or individuals they serve. Failure to comply with conflict-of-interest rules can result in legal consequences, such as disciplinary action or civil liability.
Example: The conflict-of-interest rule prohibits employees from engaging in any business transactions with the company in which they have a financial interest.