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]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • vested remainder — see remainder Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested remainder …   Law dictionary

  • 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… …   Australian English dictionary

  • 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 — noun A future interest in an estate in land which is certain to vest at some future point …   Wiktionary

  • 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

  • defeasibly vested remainder — Gift over to remainderman which, though not subject to condition precedent as in the case of a contingent remainder, is subject to divestment on the happening of a condition subsequent …   Black's law dictionary

  • defeasibly vested remainder — Gift over to remainderman which, though not subject to condition precedent as in the case of a contingent remainder, is subject to divestment on the happening of a condition subsequent …   Black's law dictionary

  • 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

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