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Definition of Financial Relationship
Financial relationships are those relationships in which the individual, or the individual's spouse or partner, benefits by receiving a salary, royalty, intellectual property rights, consulting fee, honoraria, ownership interest (e.g., stocks, stock options or other ownership interest, excluding diversified mutual funds), or other financial benefit. Financial benefits are usually associated with roles such as employment, management position, independent contractor (including contracted research), consulting, speaking and teaching, membership on advisory committees or review panels, board membership, and other activities from which remuneration is received, or expected.
Contracted research includes research funding where the institution gets the grant and manages the funds and the person is the principal or named investigator on the grant.