Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
vested interest
See INTEREST (2).
vested interest.
An interest the right to the enjoyment of which, either present or future, is not subject to the happening of a condition precedent. 3. The compensation fixed by agreement or allowed by law for the use or detention of money, or for the loss of money by one who is entitled to its use; esp., the amount owed to a lender in return for the use of borrowed money. - Also termed finance charge. See USURY.