Vested Remainder

Business, Legal & Accounting Glossary

Definition: Vested Remainder


Vested Remainder

Quick Summary of Vested Remainder


An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie’s will leaves her house to her daughter, but the daughter gains possession only after Julie’s husband dies, the daughter has a vested remainder in the house.




What is the dictionary definition of Vested Remainder?

Dictionary Definition


An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie’s will leaves her house to her daughter, but the daughter gains possession only after Julie’s husband dies, the daughter has a vested remainder in the house.


Cite Term


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Page URL
https://payrollheaven.com/define/vested-remainder/
Modern Language Association (MLA):
Vested Remainder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 01, 2022 https://payrollheaven.com/define/vested-remainder/.
Chicago Manual of Style (CMS):
Vested Remainder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/vested-remainder/ (accessed: December 01, 2022).
American Psychological Association (APA):
Vested Remainder. PayrollHeaven.com. Retrieved December 01, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/vested-remainder/

Definition Sources


Definitions for Vested Remainder are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd April, 2020 | 0 Views.