vested interest
Defined in 4 dictionaries — Case Law, Ballentine's (1916), Bouvier (1914), Black's (1910)
Definitions from Case Law
From 82 U.S. 77 - Hutchings v. Low · 1872Most cited · 151 citing opinions
the power of regulation and disposition, conferred upon Congress by the Constitution, only ceases when all the preliminary acts prescribed by those laws for the acquisition of the title, including the payment of the price of the land, have been performed by the settler. When these prerequisites have been complied with, the settler for the first time acquires a vested interest in the premises occupied by him, of which he cannot be subsequently deprived.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
See next title. though to be enjoyed in futuro, and by which the estate is invariably fixed to remain to a determinate person after the particular estate has been spent. 2 Bouvier, Inst. n. 1§31. It imports, ex vi termini, a present title in the remainderman; Starnes v. Ilill, 112 N. C. 1, 16 S. E. 1011, 22 L. R. A. 598. See Remainder; Tudor, L. Cas. R. P. 820.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
A future interest is vested when there is a person in being who would have a right, defeasible or indefeasible, to the immediate possession of the property, upon the ceasing of the intermedlate or precedent interest. Cavil Code Cal. § 694. See Allison v. Allison. 101 Va. 537, 44 S. E. 904, 63 Li. It. A. 920; Hawkins v. Bohling, 168 III. 214, 48 N. E. 94; Stewart v. Harnman, 56 N. H. 25, 22 Am. Rep. 408; Bunting v. Speek, 41 Kan. 424, 21 Pac. 288, 3 L. R. A. 690.
Defined under Vested in Black's Law Dictionary.