Interests
/ˈɪn.trəsts/
Definitions
- (n.) Legal rights, shares, or stakes a person has in property, transactions, or legal relationships.
He transferred his interests in the company to his heirs.
- (n.) A claim, right, or legal share in the profits or benefits from an asset or business.
The investor holds a financial interest in the partnership.
- (n.) The purpose of protecting or promoting a legal entitlement, advantage, or welfare in a legal context.
The law protects the interests of minors in contractual agreements.
Forms
- interest
Related terms
Commentary
In legal drafting, 'interests' is often used in plural to encompass various types of rights or stakes held by persons; clarity about the nature of the interest (legal, equitable, financial) is advisable.
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.