VESTED INTEREST • FREE TRANSLATOR.ORG • Definition of Vested interest

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/vˈɛstəd ˈɪntrəst/ Listen

Vested interest

noun

(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.

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Etymology of 'Vested interest'

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"Vested interest" Quotes from Famous Books

... be said that in Ireland religious intolerance is a political vested interest. It would indeed be impossible to justify the immense preponderance of salaried power and place still given at the centre to the Protestant minority[47] unless you could maintain the idea that the ...

— Home Rule - Second Edition • Harold Spender

... Missouri plan recently adopted, I do not object to on account of the time for ending the institution; but I am sorry the beginning should have been postponed for seven years, leaving all that time to agitate for the repeal of the whole thing. It should begin at once, giving at least the new-born a vested interest in freedom which could not be taken away. If Senator Sebastian could come with something of this sort from Arkansas, I, at least, should take great interest in his case; and I believe a single individual will have scarcely done the world ...

— The Papers And Writings Of Abraham Lincoln, Complete - Constitutional Edition • Abraham Lincoln

... a haphazard banquet, a decorous scrimmage for a surfeit of eggs, and fish, and bacon, and tongue, and tea, and coffee, and porridge, and even Heaven itself hardly knows what. Less than usual vanished to become a vested interest of digestion; more than usual went back to the kitchen for appreciation elsewhere. For Sir Coupland, appealed to, had given a brief intelligent report of the occurrence of the morning. Then followed undertones ...

— When Ghost Meets Ghost • William Frend De Morgan

... visiting Leopold at Belgium, and has obtained the two concessions, and Leopold has obtained, or hopes he has obtained, the influence of many American shareholders. The fact that the people of the United States possessed no "vested interest" in the Congo was the important fact that placed any action on our part in behalf of that distressed country above suspicion. If we acted, we did so because the United States, as one of the signatory Powers of the Berlin Act, had promised to protect the natives of the Congo; ...

— The Congo and Coasts of Africa • Richard Harding Davis