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vested
[ves-tid]
vested
/ ˈvɛstɪd /
adjective
property law having a present right to the immediate or future possession and enjoyment of property Compare contingent
Other Word Forms
- nonvested adjective
- unvested adjective
Example Sentences
Carry that has vested can be unvested if someone goes to a competitor.
“Under binding Supreme Court precedent, a State may not, by legislative fiat, reopen time-barred claims and transfer property whose ownership is already vested,” the museum argued.
“Neighbors here are very vested in their community, which includes being vested in their property values,” he said.
Its opening words say: “All legislative powers ... shall be vested” in Congress, and the elected representatives “shall have the power to lay and collect taxes, duties, imposes and excises.”
He notes that if the participation interest has vested by January 2029, and if the valuation of Westinghouse is expected to be above $30 billion, the U.S. government will be entitled to require an IPO.
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