Simple English definitions for legal terms
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Direct interest is when someone has a certain and absolute interest in something. This means they have a clear and definite right to it. For example, if you own a toy, you have a direct interest in it because it belongs to you and you can play with it whenever you want. However, if you borrow a toy from a friend, you do not have a direct interest in it because it is not yours and you have to give it back.
Direct interest refers to a certain and absolute interest in something. It is a legal share in something, which can be a right, privilege, power, or immunity. It is not subject to any condition or contingency.
These examples illustrate direct interest because in each case, the person has a certain and absolute interest in something. They have a legal share in the property, company, or trust, and their interest is not subject to any condition or contingency.