Define: Vested Interest

UK Accounting Glossary

Definition: Vested Interest


Quick Summary of Vested Interest


An interest in property that is certain to come about rather than one dependent upon some event that may not happen. (or) An involvement in the outcome of some business, scheme, plan, transaction, usually in anticipation of some personal gain.



What is the dictionary definition of Vested Interest?

Dictionary Definition


  1. In law, an interest in property that is certain to come about rather than one dependent upon some event that may not happen.
  2. An involvement in the outcome of some business, scheme, plan, transaction, usually in anticipation of some personal gain.

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Full Definition of Vested Interest


  1. (law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another
  2. Groups that seek to control a social system or activity from which they derive private benefit.

The first known use of the term “vested interest” was in 1818.


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Examples of Vested Interest in a sentence


He had a vested interest in seeing the business sold, as he expected to make a substantial profit from the sale.
Given that the recent instability threatened the welfare of the former colonial power, Britain had a vested interest in maintaining the status quo in the region.
The organisation had a strong vested interest in the adoption of the new policies.
They had a vested interest in ensuring that their club remained exclusive as possible.
The committee is expected to ensure that they act independently of all vested interests.
Being a local landowner himself, Paul has a vested interest in the project being approved.
The ticketing agent also has a vested interest in keeping the event’s costs to a minimum.
A doctor and a police officer are both examples of professional people with a vested interest in helping people.
Based on the circumstances, it may be possible to form a vested interest group within the party.
In this respect, we have absolutely no vested interested in the proposals.
Some critics argue that some drug companies have a vested interest in disease – mongering.
Naturally, Newspapers have a strong vested interest in opposing the application of VAT to the written word.
Football supporters from football clubs around the world share the same vested interest in ground safety and comfort.
They are often fiercely competitive, and have a vested interest in establishing a reputation for reliability to both employees and employers.
The marketing department team has a direct and vested interest in superior quality assurance and innovative product development.


Vested Interest FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/vested-interest/
Modern Language Association (MLA):
Vested Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2019 https://payrollheaven.com/define/vested-interest/.
Chicago Manual of Style (CMS):
Vested Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/vested-interest/ (accessed: September 20, 2019).
American Psychological Association (APA):
Vested Interest. PayrollHeaven.com. Retrieved September 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/vested-interest/

Definition Sources


Definitions for Vested Interest are sourced/syndicated from:


This glossary post was last updated: 5th May 2019.