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The lawyer explained that the beneficiaries each hold a vested remainder subject to open under the trust.
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The lawyer explained that the beneficiaries each hold a vested remainder subject to open under the trust.
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Related words
vested remainder subject to open
Noun
Japanese Meaning
（法）未来の権利の一種で、あるグループの一員が将来その権利を確実に受けるが、権利が確定する前に新たなメンバーがグループに加入する可能性があり、その結果、各メンバーの権利の割合が希薄化する権利（残余権益）を指す。
Related Words
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