Immediate Vesting
/ɪˈmiːdiət ˈvɛstɪŋ/
Definitions
- (n.) The immediate and full acquisition of legal rights or title, especially in property or benefits, without any waiting period or contingency.
Upon the grant, the beneficiary's immediate vesting of the trust assets occurred.
Forms
- immediate vesting
Related terms
See also
Commentary
Immediate vesting contrasts with contingent or deferred vesting, highlighting that rights or interests are irrevocably secured at once.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.