LAPSED a.
Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy. Lapsed devise, Lapsed legacy (Law), a devise, or legacy, which fails to take effect in consequence of the death of the devisee, or legatee, before that of the testator, or for ether cause. Wharton (Law Dict.).
SPECIFIC a.
s compared with that of some other body or bodies referred to as a standard. -- Specific legacy (Law), a bequest of a particular thing, as of a particular animal or piece of furniture, specified and distinguished from all others. Wharton. Burrill. -- Specific name (Nat., Hist.), the name which, appended to the name o…
VESTED a.
a state of contingency or suspension; fixed; as, vested rights; vested interests. Vested legacy (Law), a legacy the right to which commences in præsenti, and does not depend on a contingency; as, a legacy to one to be paid when he attains to twenty-one years of age is a vested legacy, and if the legatee dies before th…