vested right

Also found in: Dictionary, Financial.
References in periodicals archive ?
When a specific action of a governmental entity has inordinately burdened an existing use of real property or a vested right to a specific use of real property, the property owner of that real property is entitled to relief, which may include compensation for the actual loss to the fair market value of the real property caused by the action of government, as provided in this [act].
Hursh, Annotation, Vested Right of Pensioner to Pension, 52 A.
Generally, only retroactive modifications affecting already vested rights violate the Contracts Clause.
The plaintiff turned thirty years old on July 17, 1993, at which time the defendant acquired a vested right to invoke the defense of the statutory repose period.
his land to the extent that he has acquired a vested right to continue
Judge Birch does not claim that Michael Schiavo had a vested right to the state court judgment, nor attempt more generally to resurrect the vested rights approach to constitutional law.
2d at 1279 (holding that vested right to a pension benefit cannot be forfeited as a result of a felony conviction); Leonard, 503 P.
30) several courts have inferred that promised retiree health benefits are a vested right to which workers are entitled.
The court further concluded that there was no vested right in any common law rule.
The health of our citizens cannot be measured by any cost and treatment anywhere is a vested right for them," he said.
177 Ill 2d 207, 685 NE2d 335 (1997), the court said "once a statute of limitations has expired, the defendant has a vested right to invoke the bar of the limitations period as a defense to a cause of action.
028 was unconstitutional because it restricted rights granted under Amendment 7; (48) 2) Amendment 7 was not unconstitutionally retrospective because the hospital had no vested right in maintaining the confidentiality of the adverse medical incidents sought by the plaintiffs; and 3) the amendment was self-executing and prospective in operation, but retrospective as to existing records.