Vest
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
To give an immediate fixed right of present or future enjoyment; to give a legal or an equitable seisin.
246 Pa. St. 348; Ann. Cas. 1916D 573.
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.
Fearne, Cont. Rem. 2. See Rop. Leg. 757; Comyn, Dig.; Vern. 323, note; 5 Yes. 511.