Financial Interest
/ˈfaɪnænʃəl ˈɪntrɪst/
Definitions
- (n.) A legal or equitable stake, right, or ownership in a financial asset, enterprise, or transaction that may yield economic benefit.
The director disclosed his financial interest in the competing company to avoid a conflict of interest.
- (n.) An interest that could influence a person's ability to act impartially, often relevant in conflict of interest contexts.
The judge recused herself due to a financial interest in one of the parties involved.
Related terms
See also
Commentary
The term encompasses both ownership stakes and potential conflicts arising from economic interests; clarity is important to distinguish context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.