vested remainder subject to open Englisch

Bedeutung vested remainder subject to open Bedeutung

Was beudeutet auf Englisch vested remainder subject to open?

vested remainder subject to open noun

— (legal) A future interest held by a member of a class, for which the interest is certain to vest, but for which new members may enter the class before the interest vests, thereby reducing each member's share of the total interest.

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vested | remainder | subject | to | open