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*vested interest (in something)

Fig. a personal or biased interest, often financial, in something. (*Typically: have ~; give someone ~.) Margaret has a vested interest in wanting her father to sell the family firm. She has shares in it and would make a large profit. Bob has a vested interest in keeping the village traffic-free. He has a summer home there.
See also: interest, vested

vested interest

A personal stake in something, as in She has a vested interest in keeping the house in her name. This term, first recorded in 1818, uses vested in the sense of "established" or "secured."
See also: interest, vested

have a vested ˈinterest (in something)

have a personal reason for wanting something to happen, especially because you get some advantage from it: He has a vested interest in Mona leaving the firm (= perhaps because he may get her job).
See also: have, interest, vested
References in periodicals archive ?
But being vested can also be seen as elitist, emphasizing a special role and perhaps unduly setting the person ministering apart from the rest of the assembly.
Companies that elect the simplified approach will report the entire amount of the tax benefit that is credited to APIC from options that were fully vested before they adopted Statement no.
27) Under these rules, the USCR participant (absent treaty protection, discussed below) is taxed as vested transfers or contributions are made or as the participant's interest vests.
Also, vested benefits are not payable until a terminated employee has reached a pension plan's early retirement age, at the least.
3 trillion and growing, we have a student debt crisis with no solutions," said Vested CEO Lorne Abony.
Clearly, the cost of producing nine buildings far exceeds the cost of producing one foundation, yet under the Vesting Amendment the latter situation enjoys vested status while the former situation does not.
Vested" is a misleading term because, as opposed to pension benefits, OPEB do not vest legally; thus, disclosure of a vested obligation would be misleading.
Under the terms of the Amended Option Agreement, upon payment of the second and final $500,000 Option fee payment, the Company will be further vested with an additional 2.
Deferrals in account balance plans subject to FICA are (1) the current-year vested deferral and (2) deferrals from prior years and accumulated earnings that become vested.
Modifications of nonvested awards are essentially the same as modifications of vested awards.
Although Marton said they have not "vested" any of the boroughs yet, the actions from last year will be vested over the next few months.
The Sixth Circuit has upheld a Is decision that a participant who left his partially vested account balance in his former employer's profit-sharing plan after quitting his job did not become fully vested on die plan's termination, when the plan terminated and the employer went out of existence at the same time (Borda v.
A person who receives property subject to a substantial risk of forfeiture in connection with the performance of services his two choices: (1) report the income when the property becomes vested or (2) elect within 30 days of the receipt to report the property as income in the year of receipt.
The unrecognized non-cash compensation cost associated with awards not tendered for exchange was recognized on the expiration of the tender offer due to the stock options becoming fully vested at that point.
The union contended that the benefits were lifetime benefits vested under the Employee Retirement Income Security Act of 1974 (ERISA).