Property Law

Vesting

/ VES-ting /

Definition

The process by which a right or interest becomes fixed and non-forfeitable.

Used in Context

“Vesting of pension benefits required ten years of continuous service.”

Etymology

◈ Latin: vestire, to clothe

Learn a new legal term every day

Lex gives you one legal term daily with flashcards, quizzes, and essays — completely free.