What is VESTED?

Accrued; fixed; settled; absolute ; having the character or giving the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. See Scott v. West, 03 Wis. 529, 24 N. W. 161; McGillis v. McGillis, 11 App. Div. 359, 42 N. Y. Supp. 924; Smith v. Pros- key, 39 Misc. Rep. 385, 79 N. Y. Supp. 851.

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