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self-dealing
self-dealing n.
Brit. 
/ˌsɛlfˈdiːlɪŋ/
, /ˌsɛlfˈdiːlɪŋ/U.S. /ˌsɛlfˈdilɪŋ/
Law (originally and chiefly U.S.) action or conduct in which a position of trust held by a trustee, company director, or the like is used for personal gain, rather than to serve the interests of beneficiaries, shareholders, etc./ˌsɛlfˈdilɪŋ/ΚΠ
1931 Harvard Law Rev. 44 1285 Such a practice is open to the objections of self-dealing, of double profit, and of the danger of the fiduciary's divided interest.
1977 Wall St. Jrnl. (Nexis) 22 July 5/4 Bank had filed action..charging former officers with financial self-dealing and breach of fiduciary duty.
1983 B. A. K. Rider Insider Trading iv. 243 The Companies Act 1980 has significantly tightened up the existing law and practice in regard to self-dealing transactions, rendering them illegal in many cases.
2017 Bond Buyer (Nexis) 6 Apr. Lawson and his wife Pamela engaged in self-dealing by abusing their positions as co-trustees of a deceased client's trust.
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as lemmas
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- walking together
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