VESTED RIGHT: An absolute right. When a retirement plan is fully vested, the employee has an absolute right to the entire amount of money in the account.
Vested Right
A right which is secured and enforceable, one which is not contingent.
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In constitutional law vested rights are those that are so completely and definitely settled in a person that they are not subject to defeat or cancellation by the act of any other private person.
Vested: Something not subject to being taken away, such as vested rights; complete; settled; absolute; not dependent upon conditions, such as the complete, vested ownership of property.
: of, relating to, or being a law that takes away or impairs vested rights, creates new duties or obligations, or attaches new disabilities with respect to acts and transactions completed before its enactment
Pronunciation're-tr&-"spek-tiv ...
(adj). Vested means confirmed. When a property, right or title is confirmed an any person by an act, order , succession or by any proceedings of the law, he is said to hold a vested right in the property, asset or right
Legal-Explanations.com Home ...
But this right to bring an action by agents is subordinate to the rights of the principal, who may, unless in particular cases, where the agent has a lien, or some other vested right, bring a suit himself, ...
 See also: Will, Way, Wrong, Witness, Violation
  
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