vested right
- A type of property interest that fully and unconditionally belongs to an individual and cannot be lessened or removed without the individual's agreement, protections against retroactive laws included
- The claimant's vested right to the property meant that the new law could not affect his ownership.
- By signing the contract, the employee secured a vested right in their retirement fund, safeguarding it from future legislative impacts.
- A vested right in a patent ensures that the inventor retains control over their invention despite changes in law.
Provide Feedback
