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Adverse Interest

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.03 sec.

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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Board members should be free of adverse interests, conflicting duties, or inconsistent obligations that may interfere or appear to interfere with the proper administration of the board's mandate from the court.
This entails the proper analysis on whether such insurance policies cover the following: - medical bills - lost wages - outstanding damages - pain and suffering - physical defects - loss of enjoyment - mental distress - other expenses and losses that may transpire due to the accident or injury It is also imperative to determine if your policy has any adverse interest to the other party''s coverage.
In addition, with the Fed tightening short-term interest rates, the possibility of an adverse interest rate environment increases.
 
 
 
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