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.
[PJC]

2. a right given to an employee by a pension plan, which cannot be taken away.
[PJC]

3. pl. the persons, corporations, or other groups which benefit most (usually financially) from the existing system of institutions, laws, and customs.
[PJC]

 

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Fri 14th December 2018