vested interests

pl. Law : Future interests not made to depend on an uncertain period or event. vested-legacy, s. Law : A legacy the right to which commences in present i, and does not depend on a contingency, as a legacy to be paid when the legatee attains to twenty-one years of age, and if the legatee dies before the testator, his representative shall receive it. ( Black stone .) †vested-remainder, s . [REMAINDER.] Law : An estate settled to remain to a selected person after the particular estate is spent. ( Black stone , Kent .) *věst'-er, subst . [Eng.vest, v.; -er.] One who invests money or the like; an investor. "But in another of their papers... they declare that their vestors aim at nothing short of a community in land and in goods." -Southey: Letters, iv. 146.