PROPRIETARY INTEREST
\pɹəpɹˈa͡ɪ͡ətəɹi ˈɪntɹəst], \pɹəpɹˈaɪətəɹi ˈɪntɹəst], \p_ɹ_ə_p_ɹ_ˈaɪə_t_ə_ɹ_i_ ˈɪ_n_t_ɹ_ə_s_t]\
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The owner of a property, whether tangible or intangible, has certain rights that are accorded to them. This is a right to an advantage, share or interest in the property or an asset.TLDÂ Example: Although it was not public knowledge, the mayor had a proprietary interest in the company awarded the city contract.
By Henry Campbell Black
