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Vested interest   Listen
noun
Vested interest  n.  
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.
pl. The persons, corporations, or other groups which benefit most (usually financially) from the existing system of institutions, laws, and customs.





Collaborative International Dictionary of English 0.48


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"Vested interest" Quotes from Famous Books



... possession, suum cuique[Lat], meum et tuum[Lat]. ownership, proprietorship, lordship; seignority[obs3]; empire &c. (dominion) 737. interest, stake, estate, right, title, claim, demand, holding; tenure &c. (possession) 777; vested interest, contingent interest, beneficial interest, equitable interest; use, trust, benefit; legal estate, equitable estate; seizin[Law], seisin[Law]. absolute interest, paramount estate, freehold; fee tail, fee simple; estate ...
— Roget's Thesaurus
... reform is stalled in many instances by political infighting and corruption at all levels of government. Progress also has been blocked by opposition from the bureaucracy, public sector unions, and other vested interest groups. The newly-elected BNP government, led by Prime Minister Khaleda ZIA, has the parliamentary strength to push through needed reforms, but the party's level of political will ...
— The 2002 CIA World Factbook • US Government
... 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, ...
— The Congo and Coasts of Africa • Richard Harding Davis


Words linked to "Vested interest" :   military-industrial complex, interest, law


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