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.”
--Milton.
[1913 Webster]
2. (Law) Not in a state of contingency or suspension; fixed;
as, vested rights; vested interests.
[1913 Webster]
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.
[1913 Webster]