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vested legal definition
noun
An unconditional right of
current or future enjoyment of title to and actual possession of property,
whether personal or real. See also
contingent.
vested estate
. See estate.
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.
vested remainder
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.
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