Examples of vested interest in a Sentence
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
Financial Definition of VESTED INTEREST
What It Is
A vested interest is a right of ownership which is not dependent on something else.
How It Works
When a possession, ownership interest or the use of tangible property is present and unencumbered by any conditions, it is known as a vested interest. The clear and unencumbered interest is not reliant or contingent on anything other conditions or events. For example, a vested interest can mean stock or options that are transferred and available to the recipient. A vested interest in real estate means the owner of the property. A vested interest in a pension plan, for example, may mean that the employee is qualified to take the benefits of the pension plan, including the contributions by the employer.
Why It Matters
A vested interest in tangible property represents an important asset on a company's or personal balance sheet. Understanding the conditions of a potential borrower's vestment (i.e. establishing a vested interest) in a particular asset is an important part of the due diligence process for a creditor.
VESTED INTEREST Defined for English Language Learners
Definition of vested interest for English Language Learners
: a personal or private reason for wanting something to be done or to happen
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