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View definitions for contingent interest

contingent interest

noun as in vested interest

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Example Sentences

“The fact that the growers retain a contingent interest of indeterminate value does not mean there has been no physical taking,” the chief justice wrote, “particularly since the value of the interest depends on the discretion of the taker, and may be worthless, as it was for one of the two years at issue here.”

I possess a contingent interest in certain books—'Tom Burke,' 'Hinton,' and 'O'Donoghue,' the former after 11,000, the latter after 10,000 copies.

To this we answer, that a consideration was granted to Mr. Field and his associates for their services in getting up the Company, and for their exclusive rights, but this was a contingent interest in the profits of the enterprise, to be allowed only after the cable was laid.

On the one side, Joseph gave up all that he possessed, and assigned to his nephew his contingent interest in the tontine, already quite a hopeful speculation.

Towards the end of 1587 his name, in conjunction with his father's, appears upon a legal form relating to the proposed cancellation of a mortgage upon some property in which he held a contingent interest.

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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