vested

vested Definition

vested (ves′tid)

adjective

Etymology: pp. of vest

vested Synonyms

modif.

vested Law Definition

An unconditional right of current or future enjoyment of title to and actual possession of property, whether personal or real. See also contingent.

. See estate.

A current right or title to possess a thing, even though the actual possession may not take place until sometime in the future.

A property in the estate of a deceased that is limited to a certain specified person, whose enjoyment of same may be deferred to some future time.

vested Usage Examples

Modifying Another Word

so: Any land or charge ( whether registered or unregistered ), which has vested in the trustee, will remain so vested.
not: Cuba defends principles and not vested interests; therefore, although its supporters may feel upset, it emphatically opposes this war.
very: Not surprisingly, there 27 Jun 2006: Column 157 were some very, very vested interests.

Modifies a noun

interest: Hunting people have the biggest vested interest in the survival of the species.
group: Somehow I doubt whether all the vested interest groups can be placated.
right: Any vested right derived from prior use of an invention is a matter for national law... .
power: The Fifth Republic, as conceived by de Gaulle, vested immense powers in the Presidency.
self-interest: Marketisation undermines co-operation and trust and promotes competition and vested self-interest in their place.
share: Dividends will accrue on the vested shares during the life of the share plan.

Used with adjective complement

Preposition: in

company: Where an asset is held on trust under the terms of the CVA, the asset will remain vested in the company.
trustee: The property will remain vested in any trustee until such time as the bankruptcy order is annulled.
author: The copyright for the separate papers published within these proceedings remains vested in the individual authors.
authority: These assets had ( due to a series of local government reorganizations in the area ) become vested in the unitary authority.

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