Self-dealing

{
  "id": "MLC-T-LAW-004464",
  "term": "Self-dealing",
  "field": "Law",
  "definition": "A transaction in which a fiduciary acts in their own interest rather than in the best interest of their principal. This conduct can arise in corporate governance when a director or officer enters into a contract with the corporation they serve. Such transactions are subject to strict scrutiny to prevent conflicts of interest and are regulated by corporate law statutes.",
  "url": "https://mlchart.com/terminology/law/self-dealing/"
}