Trustees have always been accountable in equity to the holders of the vested and contingent equitable property interests that are incident to the trust relationship. They still are. Thus, a trustee ...
As an adjective vested means to be absolutely promised as a benefit or legal right. To be vested in a company is to have been given certain benefits or privileges. It can also mean having a vest, which is a sleeveless garment worn over the torso. A related phrasal noun is vested interest.
There are too many vested interests. become/get vested (in something) Retirement: Linda has jumped from job to job, never staying long enough to become vested in a retirement plan.
JD Supra: Tax Considerations for Contingent Interest and Convertible Debt in Cross-Border Lending Transactions
The treatment of contingent interest and convertible debt in cross-border payment transactions is subject to several provisions of the Internal Revenue Code.[1] To add confusion to the already ...
Tax Considerations for Contingent Interest and Convertible Debt in Cross-Border Lending Transactions
It has been a fundamental principle of American property law that reversionary interests, whether legal or equitable, are always vested. Such interests being vested ab initio, they cannot violate the ...
The meaning of VESTED is fully and unconditionally guaranteed as a legal right, benefit, or privilege. How to use vested in a sentence.
Having full ownership rights, especially after certain conditions such as a period of service, have been met: vested stock options; an employee vested in a retirement account.