vested right

Definition of "vested right"
  1. 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
How to use "vested right" in a sentence
  1. The claimant's vested right to the property meant that the new law could not affect his ownership.
  2. By signing the contract, the employee secured a vested right in their retirement fund, safeguarding it from future legislative impacts.
  3. A vested right in a patent ensures that the inventor retains control over their invention despite changes in law.

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