VEST / VESTING / VESTED Definition

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VEST / VESTING / VESTED, in law, is to give a secured right of present or future award. An entity has a vested right to an asset that cannot be taken away by a third party, even if physical possession of the asset has not yet been realized.

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STATED CAPITAL is the declared total amount of money or other resources owned or used to acquire future income or benefits.

EXTERNAL is from or between other countries, e.g. external commerce; or, happening, arising or located outside or beyond a company, e.g. external influences.

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