Adverse Interest

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The legal right or liability of a person called to testify as a witness in a lawsuit that might be lost or impaired if the party who called him or her to testify wins the case.

This interest against the interest of the party calling a witness to the stand makes him or her an adverse or hostile witness. Although usually the party calling a witness to testify cannot impeach that person's credibility, if the person has an adverse interest, the testimony may be discredited by the party who called that witness to the stand.

adverse interest n. a right or concern that is contrary to the interest or claim of another.

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adverse
conflict of interest
deposit
Estate and Gift Taxes

libel
Professional Responsibility
Quasi-Judicial

* Financial risk may manifest itself through adverse interest rate, currency, or market movements that interact with tax positions to make their outcome uncertain.

Tax risk and strong corporate governance by Sangha, Balvinder / Tax Executive

A donor is considered as himself having a power if it is exercisable by him in conjunction with any person not having a substantial adverse interest in the disposition of the transferred property or the income therefrom.

Gift tax SOL prop. regs by Vandermeulen, Bruce A. / The Tax Adviser

The rise in interest rates over the course of recent months was cited by business contacts as a potential source of restraint on interest-sensitive expenditures, but thus far relatively few contacts had reported actual examples of adverse interest rate effects on spending.

Minutes of the Federal Open Market Committee Meeting held on May 17, ... by Federal Reserve Bulletin

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