TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Generally: To accrue to; to be fixed; to take effect; to give a fixed and Indefeasible right. This may include the vesting of stock options as part of an employment agreement after a stated number of years of servitude by an employee. estates. To give an immediate fixed right of present or future enjoyment; an estate is vested in possession when there exists a right of present … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The crop on the ground. Cowell. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Accrued; fixed; settled; absolute; having the character or giving the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Vested devise. See DEVISE. Vested estate. Any estate, property, or interest is called "vested," whether in possession or not, which is not subject to any condition precedent and unperformed. The interest may be … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
An interest that has reached a state of recognition and is valid. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
When and where ownership of property or a right are complete. … [Read more...]