self-dealing

American  

[self-dee-ling] / ˈsɛlfˈdi lɪŋ /

noun

1. financial transaction conducted on a personal, nonbusinesslike basis, as lending or borrowing of corporate money by a director.

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Etymology

Origin of self-dealing

First recorded in 1935–40

Example Sentences

It labels them “self-dealing attorneys” and “billboard attorneys,” and accuses them of deliberately inflating their clients’ medical claims so they can grab a larger fee and engaging in unsavory and perhaps illegal sub-rosa arrangements with complaisant medical providers.

From Los Angeles Times

The initiative presents itself as targeting problematic practices within the personal injury legal system, with language attacking contingency fee arrangements that the company characterizes as self-dealing and designed to artificially inflate medical claims.

From Los Angeles Times

They protected minority shareholders from genuine fiduciary abuse, such as in cases involving self-dealing or extraction of value, but they otherwise showed deference to decisions made by directors and ratified by stockholders.

From Barron's

I’d long made noises about lawyers’ self-dealing—the stuff professors complain about over craft beer.

From Slate

“Liu used Theta Labs as his personal trading vehicle, perpetrating fraud, self-dealing, and market manipulation,” said Mark Mermelstein, Kowal’s attorney, in a statement.

From Los Angeles Times