Definition of "vestee" in Englisch

noun

1. A dickey, especially one made to resemble a vest and be worn under a coat.

2. (US) A woman's small vest.

3. (law) The entity or party in which something has been vested.

   • Droits réels is ambiguous, as sometimes denoting jura in rem, and sometimes jura in re (sensu stricto). This arises from the extension of jus in re to dominia, and of jus ad rem to obligationes or jura in personam. Difficulty: Where a thing is subject to a series of rights, – is subject to a series of vested rights (descendible perhaps from present vestees), or to contingent rights to determinate parties, existing or not.#*
   • 1894 Samuel Lodge: The Home of the Champions 2nd ed. The following extract from a private letter of the late Sir Joseph Banks is worth quoting . . . : "It matters not to the heirs . . .whether the estate is held by Knight Service or by Grand Serjeantry. . . Scrivelsby. . . is held by the proprietor with all the benefits by the common law provided for the personal advantages of proprietary of land: it may be bequeathed by will, or alienated by sale or gift; and if so alienated in prejudice of the next heir, he cannot have any claim against the vestee, unless it arises out of special bargains or agreements made and confirmed previously to the alienation."
   • All benefits to vestees, or their designees, under the Vesting Benefit Trust shall be by monthly payments, except that upon application of the vestee, or his designee, . . . the Trustees may, in their sole, absolute and unreviewable discretion, accelerate payment of the balance of the vesting benefit to which a vestee, or his designee, may be entitled.
   • . . . the Treasury regulations say that on a termination, all priority must go to the retirees first, and unless they get a hundred cents on the dollar, no vestees can get anything. . . And . . . they had cut the retirees and gave something to the vestees. . . And they gave something to people that weren't vested at all?