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Which is the correct phrase? -" in the best interests" or "in the best interest"?

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Which is the correct phrase? -" in the best interests" or "in the best interest"?

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  1. "in the best interest"


  2. In the best interest.

  3. Actually, both are used. They are essentially interchangeable, except  the legal doctrine (see second reference) is always given as 'best interests'.
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