Vested in interest,
Definition of Vested in interest:
A personal reason for involvement in an undertaking or situation, especially an expectation of financial or other gain.
An interest (usually in land or money held in trust) recognized as belonging to a particular person.
Present right to a future possession and use of, or interest in, a property. Not to be confused with vested interest.
How to use Vested in interest in a sentence?
- It stands, therefore, in real contradistinction to the type of vested interest in land that one encounters with a lease.
- Banks have a vested interest in the growth of their customers.
Meaning of Vested in interest & Vested in interest Definition