Meaning of the word "vested interest" in English

What does "vested interest" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

vested interest

US /ˈves.tɪd ˈɪn.trəst/
UK /ˈves.tɪd ˈɪn.trəst/
"vested interest" picture

Noun

1.

a personal stake or involvement in an undertaking or state of affairs, especially one with an expectation of financial or other gain

Example:
As a shareholder, he has a vested interest in the company's success.
The politician's decision was influenced by his vested interest in the new development project.
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