vested interest Hear it!

vested interest definition

vested interest

  1. an established right that cannot be eliminated, as to some future benefit
  2. close involvement in promoting personal advantage
  3. a number of groups cooperating or competing in pursuing selfish goals and exerting controlling influence, esp. the powerful persons and groups that own and control industry, business, etc.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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