vested

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: having a vested interest
a vested employee
a vested beneficiary

Merriam-Webster’s Dictionary of Law. . 1996.

vested
I adjective bestowed, earned, empowered, endowed, established, owned, vouchsafed associated concepts: pension rights II index immutable, prescriptive

Burton's Legal Thesaurus. . 2006


vested
adj.
Fixed; settled; secure in someone’s possession; having the right to present or future enjoyment; established or protected by law or contract.

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


vested
An unconditional right or title. For example, if an employee must work for ten years before his pension becomes vested, then after ten years of employment he has unconditional right to that pension. During the ten years prior, his right to the pension was unvested.
Category: Employment Law & HR
Category: Personal Finance & Retirement
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.


vested
n. An unconditional right of current or future enjoyment of title to and actual possession of property, whether personal or real.
See also contingent.
@ vested interest
A current right or title to possess a thing, even though the actual possession may not take place until sometime in the future.
@

Webster's New World Law Dictionary. . 2000.

vested
adj.
   referring to having an absolute right or title, when previously the holder of the right or title only had an expectation. Example: after 20 years of employment Larry Loyal's pension rights are now vested.
   See also: vest, vested remainder

Law dictionary. . 2013.

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Look at other dictionaries:

  • 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 …   The Collaborative International Dictionary of English

  • veşted — VÉŞTED, Ă, veştezi, de, adj. 1. (Despre plante sau părţi ale lor) Care şi a pierdut prospeţimea, seva; ofilit. ♦ (Despre locuri, suprafeţe etc.) Pe care vegetaţia şi a pierdut prospeţimea, s a ofilit. ♦ fig. Lipsit de culoare, mohorât. 2. fig.… …   Dicționar Român

  • vested — UK US /ˈvestɪd/ adjective US HR, LAW, FINANCE ► vested shares, pension plans, etc. can be kept by an employee who has worked the necessary number of years for a particular company: »He chose to receive his vested benefits in a single lump sum… …   Financial and business terms

  • vested — [ves′tid] adj. [pp. of VEST] 1. clothed; robed, esp. in church vestments 2. including a VEST (n. 1a): said of a man s suit 3. Law not contingent upon anything; fixed; settled; absolute [a vested right] …   English World dictionary

  • vested — (adj.) established, secured, settled, 1766, pp. adjective from VEST (Cf. vest) (v.) …   Etymology dictionary

  • vested — Fixed; accrued; settled; absolute; complete. Having the character or given the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Rights are vested when right to enjoyment, present or prospective,… …   Black's law dictionary

  • vested — adj. (cannot stand alone) 1) vested in (the power to impose taxes is vested in Congress) 2) vested with (Congress is vested with the power to impose taxes) * * * [ vestɪd] vested with (Congress is vested with the power to impose taxes) (cannot… …   Combinatory dictionary

  • vested — vest|ed [ˈvestıd] adj 1.) vested interest a strong reason for wanting something to happen because you will gain from it ▪ Since he owns the strip of land, Cook has a vested interest in the project being approved. 2.) vested interests the groups… …   Dictionary of contemporary English

  • Vested — Vest Vest, v. t. [imp. & p. p. {Vested}; p. pr. & vb. n. {Vesting}.] [Cf. L. vestire, vestitum, OF. vestir, F. v[^e]tir. See {Vest}, n.] 1. To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass… …   The Collaborative International Dictionary of English

  • vested — /ves tid/, adj. 1. held completely, permanently, and inalienably: vested rights. 2. protected or established by law, commitment, tradition, ownership, etc.: vested contributions to a fund. 3. clothed or robed, esp. in ecclesiastical vestments: a… …   Universalium

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