Outside Business Activity
/ˈaʊtsaɪd ˈbɪznəs ækˈtɪvɪti/
Definitions
- (n.) Engagement in business ventures or commercial activities outside one’s primary employment or official duties, often subject to disclosure and regulatory restrictions.
Employees must report any outside business activity to avoid conflicts of interest.
Forms
- outside business activity
- outside business activities
Related terms
See also
Commentary
Typically used in compliance contexts to identify activities that might conflict with an individual's primary professional responsibilities, requiring disclosure or approval.
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.