COI
Type: noun
Pronunciation: /c-o-i/
Also spelled or known as: Conflict of Interest
Related: Fiduciary Duty, Ethics
What does COI mean? Conflict of Interest; A situation where an individual or organization’s private interests or personal relationships clash with their professional duties.
In the music industry, conflicts of interest may arise when managers represent competing artists, executives have undisclosed financial interests, or professionals receive undisclosed compensation from multiple parties involved in the same transaction.
COI synonyms: Conflict of Interest, Competing Interest, Conflicting Interest
Example sentence: “The attorney disclosed a potential COI before representing both parties.”
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