MLchartDataset catalogue

Vested

Term · Law · MLC-T-LAW-005155

Describing a right, title, or interest that has become absolute and unconditional, belonging to a person and not subject to being defeated by a condition precedent. A vested interest is a present right to future enjoyment or possession. For instance, a pension plan may become vested after a certain period of employment.

Table 1. Record
IdentifierMLC-T-LAW-005155
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-005155",
  "term": "Vested",
  "field": "Law",
  "definition": "Describing a right, title, or interest that has become absolute and unconditional, belonging to a person and not subject to being defeated by a condition precedent. A vested interest is a present right to future enjoyment or possession. For instance, a pension plan may become vested after a certain period of employment.",
  "url": "https://mlchart.com/terminology/law/vested/"
}

Record 5,284 of 5,441 in Law terminology (MLC-0107). Request the full dataset.