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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



... invested in the enterprise. Today the fate of the country rests practically on the issue between the interests of these shareholders on one hand and the 35,000 inhabitants on the other. Once more you get the spectacle, so common to American financial history, of a strongly intrenched vested interest with the real exploiter or the consumer arrayed against it. The Company rule has not been harsh but it has been animated by a desire to make a profit. The homesteaders want liberty of movement without handicap or restraint. An ...
— An African Adventure • Isaac F. Marcosson

... sinister and deplorable fact—one of the most 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 ...
— The World in Chains - Some Aspects of War and Trade • John Mavrogordato

... drink, But lethal stuff that might scour out a sink. The Poor Man's Beer, quotha! Who'll keep it pure? Not rich monopolists, nor prigs demure, Those shriek for freedom, these for prohibition, "Vend the drugged stuff sans scrutiny or condition!" Cries Vested Interest. "Close, by law or Vote, The Witler's tavern and the Workman's throat!" Shouts the fanatic. Which, then, fad or pelf, Cares really, solely, for the Poor Man's self? Nay; the Monopolist fights for his money, ...
— Punch, or the London Charivari, Vol. 104, April 15, 1893 • Various

... reforms. Economic 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 to ...
— The 2002 CIA World Factbook • US Government

... in his report], which I ventured to suggest is of extreme simplicity; and while I cannot but think that it would prove thoroughly efficient, it interferes with no fair vested interest in such a manner as to give a claim for compensation, and it inflicts no burden either in the way of taxation or extra examination ...
— The Life and Letters of Thomas Henry Huxley Volume 2 • Leonard Huxley

... majority of the French members, Messrs. LaFontaine, Cauchon, Chabot, Chauveau, LaTerriere and others, voted against the resolution which affirmed that "no religious denomination can be held to have such vested interest in the revenue derived from the proceeds of the said clergy reserves as should prevent further legislation with reference to the disposal of them, but this House is nevertheless of opinion that the claims ...
— Lord Elgin • John George Bourinot

... is, schoolmastering in Britain has become a vast vested interest in the hands of men who have nothing to teach us. They try to bolster up their vicious system by such artificial arguments as the "mental training" fallacy. Forced to admit the utter uselessness of the pretended knowledge they impart, ...
— Post-Prandial Philosophy • Grant Allen

... the Secretary for Ireland say that, if we adopt this amendment, we shall make all landed and funded property insecure. I am really ashamed to answer such an argument. Nobody proposes to touch any vested interest; and surely it cannot be necessary for me to point out to the right honourable gentleman the distinction between property in which some person has a vested interest, and property in which no person has a vested interest. ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay

... position be, if the front rank of the assailants were enticed within the fortress and given strong positions upon the walls! They would soon drink into their lungs the strong air of possession, they would soon be stiffened by that electric rigidity which falls on a man when he becomes possessed of a vested interest. There was little probability that the knights admitted to the senate would continue to be in any real sense members ...
— A History of Rome, Vol 1 - During the late Republic and early Principate • A H.J. Greenidge

... on, and could be reasserted after years of exile. The land was not the property of the arikis or chiefs, or even of the rangatiras or gentry. Every free man, woman and child in each clan had a vested interest therein which was acknowledged and respected. The common folk were not supposed to have immortal souls. That was the distinction of the well born. But they had a right to their undivided share of the soil. Even when a ...
— The Long White Cloud • William Pember Reeves

... property, 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 in fee, estate in tail, estate tail; estate in tail male, ...
— Roget's Thesaurus

... The Holy Alliance is a warning, which should not be forgotten. It became an obstruction to progress, a strait-waistcoat which threatened to strangle the liberties of Europe, because it got into the hands of a "vested interest," the dynastic interest, which was hostile ...
— The War and Democracy • R.W. Seton-Watson, J. Dover Wilson, Alfred E. Zimmern,



Words linked to "Vested interest" :   jurisprudence, law, interest group, interest, stake



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