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Injustice anywhere is a threat to justice everywhere.
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Legal Definitions - financial interest
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Definition of financial interest
Definition: Financial interest refers to any advantage or profit of a financial nature that a person desires. It can also refer to a legal share or right in property.
Examples:
- A person who invests in a company's stock has a financial interest in the company's success.
- A landlord has a financial interest in collecting rent from their tenants.
- A beneficiary of a trust has a financial interest in the assets held in the trust.
These examples illustrate how a person can have a financial interest in various situations. In each case, the person stands to gain financially from the outcome of the situation.
The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Simple Definition
A financial interest is when someone wants to make money or gain some kind of financial benefit. It can be a legal claim to something, like owning part of a company or property, or it can be a right to receive money from something like a trust. There are different types of financial interests, like a controlling interest where someone owns more than half of a company and can make important decisions, or a contingent interest where someone can only get money if a certain condition is met.
I object!... to how much coffee I need to function during finals.
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