vested interest


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vested interest

A strong, self-motivated interest or stake (in someone or something). The industry accounts for nearly 30% of our annual revenue, so of course we have a vested interest in any legislation that could affect it. He's got a $200 bet riding on this team, so yes, you could say he's got a vested interest in whether they win or lose.
See also: interest, vested

*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

vested interest

A personal stake in an existing arrangement or institution; also, in the plural (vested interests), those who have such a stake. In his oft-quoted essay On Liberty (1859), John Stuart Mill wrote, “The doctrine ascribes to all mankind a vested interest in each other’s moral, intellectual, and even physical perfection.”
See also: interest, vested
References in periodicals archive ?
Critics warned that political clans and business groups in Congress would use charter change to push for vested interests, such as lifting the term limits and easing the foreign ownership restrictions in the 1987 Constitution.
The GMB union launched its attack after Mr Jones accused them of holding back reforms to public services through vested interests and short-sightedness.
All the people who have vested interest are criticizing us," he said.
The company includes Uprooted Designs, Vested Interest, Rock Solid Creations, along with a flooring business and building-supply company.
When they are used, the tax adviser should point out the risk involved in extending the number of Crummey trust beneficiaries past those with a vested interest in the trust.
Mumbai, Dec 27 (ANI): Asserting that the Central Bureau of Investigation (CBI) should be free from the clutches of Central Government, former senior police officer and civil society activist Kiran Bedi on Tuesday said that it is now the supremacy of the national interest over the vested interest.
In reintroducing itself to the Northern Ontario market, Vested Interest Trading has expanded and moved into new digs in downtown North Bay.
if a participant terminates employment after completing 20 years of service but before attaining age 60, the participant is entitled to distribution of the vested interest in the Plan.
If an in-service withdrawal or hardship distribution is made from a partially vested account, the plan must maintain a separate formula for computing the participant's vested interest in the account when he terminates employment.