Vested interest

Definition of Vested interest

Vest´ed interest
1.a special personal interest, usually financial, in an existing system, law, or institution, which hinders a person from making objective decisions regarding that system, law, or institution. A vested interest may be one which benefits a relative, or, in an extended sense, one which defends a person's own reputation or previously expressed views.
2.a right given to an employee by a pension plan, which cannot be taken away.
3.the persons, corporations, or other groups which benefit most (usually financially) from the existing system of institutions, laws, and customs.

Related Words

interest, jurisprudence, law, stake
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