This page provides all possible meanings and translations of the word wide area network. wide area network, WAN(noun) a computer network that spans a wider area than does a local area network. Wide area network. A wide area network is a network that covers a broad area using private or public network transports.
In general terms, a conflict of interest may occur if an outside interest or activity: (i) influences, appears to influence or has the potential to influence the ability of an employee to exercise objectivity or (ii) impairs the ability of an employee to perform his or her responsibilities in the best interests of the Foundation.
It is important to understand IRS guidelines about conflict of interest when structuring the board of directors for a nonprofit organization.** A conflict of interest is a transaction or arrangement that might benefit the private interest of an officer, board member, or employee. Conflicts of interest in a board of directors can take several forms. Related parties on the board, board members related to employees, certain transactions, and dual-capacity individuals all present a conflict of interest.