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.
- In law, an interest in property that is certain to come about rather than one dependent upon some event that may not happen.
- An involvement in the outcome of some business, scheme, plan, transaction, usually in anticipation of some personal gain.
- (law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another
- 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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This glossary post was last updated: 29th March, 2024.
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