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Vested interest

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Noun

vested interest

Definition: (law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another

vested interest

Definition: groups that seek to control a social system or activity from which they derive private benefit

Definition: an indefeasible right or title, distinguished from a contingent interest, which could be defeated (i.e. cease) if a certain event occurred.

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