vested gift

vested gift
n.
A gift given at present, or a gift that will certainly take effect in the future and that is not contingent on some condition.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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Look at other dictionaries:

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  • 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

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  • vest — vb [Anglo French vestir, literally, to clothe, from Old French, from Latin vestire] vt 1 a: to place in the possession, discretion, or province of some person or authority all legislative powers herein granted shall be vest ed in a Congress of… …   Law dictionary

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

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