vested interest


vested interest

noun

Definition of VESTED INTEREST

1
: an interest (as a title to an estate) carrying a legal right of present or future enjoyment; specifically : a right vested in an employee under a pension plan
2
: a special concern or stake in maintaining or influencing a condition, arrangement, or action especially for selfish ends
3
: one having a vested interest in something; specifically : a group enjoying benefits from an existing economic or political privilege

Examples of VESTED INTEREST

  1. She has a vested interest in seeing the business sold, as she'll make a profit from the sale.

First Known Use of VESTED INTEREST

1818

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