Vested remainder

from The Collaborative International Dictionary of English v.0.48
Vested \Vest"ed\, a.
   1. Clothed; robed; wearing vestments. "The vested priest."
      --Milton.
      [1913 Webster]

   2. (Law) Not in a state of contingency or suspension; fixed;
      as, vested rights; vested interests.
      [1913 Webster]

   {Vested legacy} (Law), a legacy the right to which commences
      in praesenti, 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.
      --Blackstone.

   {Vested remainder} (Law), an estate settled, to remain to a
      determined person, after the particular estate is spent.
      --Blackstone. --Kent.
      [1913 Webster]
    
from Bouvier's Law Dictionary, Revised 6th Ed (1856)
VESTED REMAINDER, estates. One by which a present interest passes to the 
party, though to be enjoyed in future, and by which the estate is invariably 
fixed to remain to a determinate person, after the particular estate has 
been spent. 2 Bouv. Inst. n. 1831. Vide Remainder. 
    

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