Vested /(?)/
Vest·ed
Vested
a.
- Clothed; robed; wearing vestments.
- Not in a state of contingency or suspension; fixed; as, vested rights; vested interests. (Law)
Phrases & Compounds
- Vested legacy
- a legacy the right to which commences in praesenti, and does not depend on a contingency; as, a legacy to one to be paid when he attains to twenty-one years of age is a vested legacy, and if the legatee dies before the testator, his representative shall receive it.
- Vested remainder
- an estate settled, to remain to a determined person, after the particular estate is spent.