- vested remainder
Wikipedia foundation.
vested remainder
Look at other dictionaries:
vested remainder — see remainder Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested remainder … Law dictionary
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 Collaborative International Dictionary of English
vested remainder — A remainder limited to an ascertained person or persons with no further condition imposed upon the taking effect in possession than the determination of the precedent estate. 28 Am J2d Est § 217. An estate invariably fixed, to remain to a… … Ballentine's law dictionary
vested remainder — /vɛstəd rəˈmeɪndə/ (say vestuhd ruh maynduh) noun Law an interest, property, etc., to which a person is presently entitled but which will not come into his or her possession until some future event, as a remainder contingent on the death of a… …
vested remainder — noun : a remainder granted or devised by the owner of a fee to a then ascertainable existing person who has or whose heirs or devisees have the present legal right to enter into possession and enjoy the estate upon the termination of a preceding… … Useful english dictionary
vested remainder subject to open — noun A future interest held by a member of a class, for which the interest is certain to vest, but for which new members may enter the class before the interest vests, thereby reducing each members share of the total interest … Wiktionary
remainder — re·main·der n [Anglo French, from Old French remaindre to remain] 1: an estate in property in favor of one other than the grantor that follows upon the natural termination of a prior intervening possessory estate (as a life estate) created at the … Law dictionary
vested — vest·ed / ves təd/ adj 1: fully and absolutely established as a right, benefit, or privilege: not dependent on any contingency or condition; specif: not subject to forfeiture if employment terminates before retirement vested pension benefits 2:… … Law dictionary
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 … The Collaborative International Dictionary of English
Vested legacy — 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 Collaborative International Dictionary of English
