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Vested interest   /vˈɛstəd ˈɪntrəst/   Listen
Vested interest

noun
1.
(law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another.
2.
Groups that seek to control a social system or activity from which they derive private benefit.






WordNet 3.0 © 2010 Princeton University








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"Vested interest" Quotes from Famous Books



... colonial legislation. Grenville, who was the fingers rather than the soul of good government, could not endure the lax administration of the customs service which in the course of years had given the colonies, as it were, a vested interest in non-enforcement. He accordingly set himself to correct the faults which Walpole had condoned in the interest of the Hanoverian succession, and which Newcastle had utilized in the service of the Whig faction. Commissioners of the customs, long regarding their offices as sinecures ...
— Beginnings of the American People • Carl Lotus Becker

... ironical with which the continuance of the War has yet confronted us—that there has grown up in Great Britain a number of firms and businesses to whom a successful prosecution of the campaign would mean ruin, and who have an actual vested interest in the indecisive continuance of hostilities. This is due entirely to the lack of grip and resolution which the Government have displayed in dealing with the ugly phenomenon of War Profits. We know, of course, what happens to those profits at present. Half is taken ...
— The World in Chains - Some Aspects of War and Trade • John Mavrogordato

... of a vested interest which caused some scandal in conservative circles when it was first reported. Doubtless the seeming offensiveness of the latter part of the ...
— The Mind in the Making - The Relation of Intelligence to Social Reform • James Harvey Robinson

... expellas furca, tamen usque recurret, still holds true, and the reaction that has been gaining force for some time will doubtless ere long brush aside the cobwebs with which those who have a vested interest in Mr. Darwin's reputation as a philosopher still try to fog our outlook. Professor Mivart was, as I have said, among the first to awaken us to Mr. Darwin's denial of design, and to the absurdity involved therein. ...
— Luck or Cunning? • Samuel Butler

... Sceptic, and Nihilist. He it is that mocks and cries, "Go up, thou bald head! go up, thou bald head!" Mankind does not curse him in the name of the Lord, but invites him to play with another small boy, named Obstruction, and whose other names are Vested Interest, Reactionary, and Pedant. This one, whenever Mankind will lead him, digs in his heels or lies down in his tracks; until, pricked and goaded by his playfellow, he at length gets up and scrambles after. And so these two keep ever by the side or at the ...
— The Moral Economy • Ralph Barton Perry



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



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