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Hasil cari dari kata atau frase: Vested remainder(0.00825 detik)
Found 1 items, similar to Vested remainder.
English → English (gcide)
Definition: Vested remainder
Vested \Vest"ed\, a.
1. Clothed; robed; wearing vestments. “The vested priest.”
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.
Vested remainder (Law), an estate settled, to remain to a
determined person, after the particular estate is spent.