Vested legacy
| (Law) | a legacy the right to which commences in præsenti, and does not depend on a contingency; as, a legacy to one to be paid when he attains to twenty-one years of age is a vested legacy, and if the legatee dies before the testator, his representative shall receive it. |
See also: Vested
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.