Meaning of VESTED
Pronunciation: | | 'vestid
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WordNet Dictionary |
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| Definition: | | [adj] fixed and absolute and without contingency; "a vested right" |
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| Synonyms: | | unconditional |
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Webster's 1913 Dictionary |
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| Definition: | | \Vest"ed\, a.
1. Clothed; robed; wearing vestments. ``The vested priest.''
--Milton.
2. (Law) Not in a state of contingency or suspension; fixed;
as, vested rights; vested interests.
{Vested legacy} (Law), a legacy the right to which commences
in pr[ae]senti, 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.
--Blackstone.
{Vested remainder} (Law), an estate settled, to remain to a
determined person, after the particular estate is spent.
--Blackstone. --Kent.
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