VESTS IN Meaning and
Definition
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The phrase "vests in" is a legal term that refers to the process or act of transferring or bestowing a certain right, title, or interest to someone. It signifies the conveyance or transfer of ownership or control over a particular property or asset from one party to another.
In the legal context, when something "vests in" someone, it means that they acquire a legally recognized and enforceable claim to or ownership of the said property or asset. This transfer of ownership is typically associated with a completed or vested right that cannot be revoked, revoked, or taken away without proper legal procedure or due process.
The phrase "vests in" frequently appears in contract law, property law, and estate planning. It may imply that a specific right, such as an inheritance, pension, or stock option, is being granted or transferred to a designated individual or entity. This phrase is also commonly used in the context of trust agreements, where the title or control of assets is transferred to a trustee who manages and distributes them on behalf of beneficiaries.
In summary, the term "vests in" signifies the legal transfer of rights, title, or ownership of a property, asset, or entitlement to an individual or entity. It denotes the completion and enforceability of the transfer, implying that the individual or entity now has full legal control and possession of the transferred item or entitlement.
Common Misspellings for VESTS IN
- vestin
- vest in
- cests in
- gests in
- fests in
- vwsts in
- vssts in
- vdsts in
- vrsts in
- v4sts in
- v3sts in
- veats in
- vezts in
- vexts in
- vedts in
- veets in
- vewts in
- vesrs in
- vesfs in
- vesgs in
Etymology of VESTS IN
The phrase "vests in" does not have a specific etymology, as it is composed of two separate words: "vests" and "in". However, each word has its own etymology:
1. Vests: The word "vests" is the third person singular form of the verb "vest", which comes from the Latin word "vestire", meaning "to clothe" or "to dress". Over time, it evolved into Middle English as "vesten" and eventually became "vests" in Modern English. In the context of law and property, "vests" is often used to describe the legal transfer or assignment of rights.
2. In: The word "in" is a preposition with various meanings, but in this context, it implies ownership or possession. It comes from the Old English word "in", which has roots in Germanic languages.
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