mar. law. A ship, brig, sloop or other craft used in navigation. 2. By an act of congress, approved July 29, 1850, it is provided that any person, not being an owner, who shall on the high seas, willfully, with. intent to burn or destroy, set fire to any ship or other vessel, or otherwise attempt the destruction of such ship or other vessel, being the property of any citizen or … [Read more...] about VESSEL
V
Vet. App.
West's Veterans Appeals Reporter … [Read more...] about Vet. App.
VEST
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...] about VEST
VERAY
This is an ancient manner of spelling urai, true. 2. In the English law, there are three kinds of tenants: 1. Veray, or true tenant, who is one who holds in fee simple. 2. Tenant by the manner, who is one who has a less estate than a fee which remains in the reversioner. 3. Veray tenant by the manner, who is the same as tenant by the manner, with this difference only, that the … [Read more...] about VERAY
VERGELT
In Saxon law. A mulet or fine for a crime. See WEBEGILD. … [Read more...] about VERGELT
