self-dealing
A term to know.
Generally, conduct where an officer, director, trustee, or person in a fiduciary position uses that position to take advantage of the entity the fiduciary is supposed to serve. This includes conduct where the fiduciary places his or her own interests prior to those of the entity. In a tax sense, an act between a private foundation and a disqualified person as defined by Section 4941.
Synonyms:
act of self-dealing, acts of self-dealing, self dealing
Synonyms list
(a comma-separated list)
act of self-dealing, acts of self-dealing, self dealing