vested right

vested right
An immediate fixed right of present or future enjoyment; an immediate right of present enjoyment, or a present fixed right of future enjoyment. 16 Am J2d Const L § 421; 28 Am J2d Est § 6. A right in the form of a title, legal or equitable, to the present or future enjoyment of property, or to the present or future enforcement of a demand, or a legal exemption from a demand made by another. Hagerty v Administrator, Unemployment Compensation Act, 137 Conn 129, 75 A2d 406, 20 ALR2d 960. The term includes title, legal or equitable, to the present or future enforcement of a demand or a legal exemption from a demand made by another, though it must be something more than such a mere expectation as may be based on an anticipated continuance of general laws. Massa v Mastri, 125 Conn 144, 3 A2d 839, 120 ALR 939. To be vested, a right must have become a title, legal or equitable, to the present or Future enjoyment of property, or to the present or future enforcement of a demand, or a legal exemption from a demand made by another. Hagerty v Administrator, Unemployment Compensation Act, 137 Conn 129, 75 A2d 406, 20 AI_R2d 960. See vested estate; vested interest.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • vested right — n: a right belonging completely and unconditionally to a person as a property interest which cannot be impaired or taken away (as through retroactive legislation) without the consent of the owner Merriam Webster’s Dictionary of Law. Merriam… …   Law dictionary

  • vested right — noun : a right belonging so absolutely, completely, and unconditionally to a person that it cannot be defeated by the act of any private person and that is entitled to governmental protection usually under a constitutional guarantee the contract… …   Useful english dictionary

  • vested right — natural right, privilege which does not need proof …   English contemporary dictionary

  • 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 — 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

  • right — Synonyms and related words: Bill of Rights, Bircher, Bourbon, Christian, Declaration of Right, Epistle side, Magna Carta, Magna Charta, OK, Petition of Right, Roger, Tory, a propos, absolute, absolute interest, absolute power, absolutely,… …   Moby Thesaurus

  • Vested Interest — 1. The lawful right of an individual or entity to gain access to tangible or intangible property now or in the future. A vested interest is an entitled benefit, which can be conveyed to a separate party. There is usually a vesting period before… …   Investment dictionary

  • vested interest — Synonyms and related words: Black Power, Italian vote, Jewish vote, Polish Power, White Power, absolute interest, appurtenance, authority, benefit, birthright, black vote, claim, common, conjugal right, contingent interest, demand, divine right,… …   Moby Thesaurus

  • right — I adj. 1) right about (to be right about smt.) 2) right in (you were right in assuming that) 3) right to + inf. (it was right of her to refuse = she was right to refuse) 4) right that + clause (it s not right that they should be treated in that… …   Combinatory dictionary

  • vested interest — A fixed right to the enjoyment of property in an ascertained person which is subject to no condition other than the termination of a precedent estate. Stevens v Carroll, 64 Or 417, 129 P 1044. An interest when vested, whether it entitles the… …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”