Only you can prevent house fires â or at least greatly lower the risk by keeping an eye out for these warning signs of trouble. (Photo: Thomas Skjaeveland/Shutterstock) Electrical malfunctions cause more than 50,000 house fires each year, according to Electrical Safety Foundation International. The majority can be prevented. To protect your own home, start by checking your fuse box or breaker panel for the date of your last inspection.
Legal Definition of vested. 1 : fully and absolutely established as a right, benefit, or privilege : not dependent on any contingency or condition; specifically : not subject to forfeiture if employment terminates before retirement vested pension benefits.
What is 'Fully Vested'. Fully vested is a person's right to the full amount of some type of benefit, most commonly employee benefits such as stock options, profit sharing or retirement benefits. Benefits that must be fully vested benefits often accrue to employees each year, but they only become the employee's property according to a vesting schedule.