释义 |
`1`Vest, Vested Right `2` "Legal Lexicon":
VEST - To give an immediate fixed right of present or future enjoyment; an estate is vested in possession when there exists a right of present enjoyment; and an estate is vested in interest, when there is a present fixed right of future, enjoyment. VESTED RIGHT - An absolute right. When a retirement plan is fully vested, the employee has an absolute right to the entire amount of money in the account. --b-- |