Vest | Practical Law

Vest | Practical Law

Vest

Vest

Practical Law UK Glossary 8-383-4768 (Approx. 4 pages)

Glossary

Vest

Has two meanings:
  • An asset vests in a person when title to the asset is transferred to that person.
  • A beneficial interest vests in a person when that person does not have to meet any conditions for the interest to take effect (see vested interest).