Common Interest
/ˈkɒmən ˈɪntrəst/
Definitions
- (n.) A legal or equitable right, claim, or participation shared by two or more parties in a particular property, right, or goal.
The partners had a common interest in the success of their joint venture.
- (n.) An alignment of legal or financial stakes between parties that compels cooperation or shared strategy, often used in the context of attorneys or shareholders.
The attorneys recognized a common interest that allowed them to share privileged information.
Forms
- common interest
Related terms
See also
Commentary
The term often appears in contexts involving co-ownership of property or aligned legal strategies, such as 'common interest privilege' in attorney-client communications.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.