|
|
|
 |
Loan and Mortgage Terms Glossary |
 |
|
 |
Vested:
Having the right to use a portion of a fund such as an individual retirement fund. For example, individuals who are 100 percent vested can withdraw all of the funds that are set aside for them in a retirement fund. However, taxes may be due on any funds that are actually withdrawn.
|
|
|
|
|
|
|
| |
