vestee

noun

1. A dickey, especially one made to resemble a vest and be worn under a coat.
2. (US)A woman's small vest.

   “It was difficult to tell what Yashmeen was thinking as she offered her lips. He was concentrating on not getting her vestee wet.”

3. The entity or party in which something has been vested.

   “Droits réels is ambiguous, as sometimes denoting jura in rem, and sometimes jura in re (sensu stricto). This arises from the extension of jus in re to dominia, and of jus ad rem to obligationes or jura in personam. Difficulty: Where a thing is subject to a series of rights, – is subject to a series of vested rights (descendible perhaps from present vestees), or to contingent rights to determinate parties, existing or not.#*”

   “All benefits to vestees, or their designees, under the Vesting Benefit Trust shall be by monthly payments, except that upon application of the vestee, or his designee, . . . the Trustees may, in their sole, absolute and unreviewable discretion, accelerate payment of the balance of the vesting benefit to which a vestee, or his designee, may be entitled.”

   “. . . the Treasury regulations say that on a termination, all priority must go to the retirees first, and unless they get a hundred cents on the dollar, no vestees can get anything. . . And . . . they had cut the retirees and gave something to the vestees. . . And they gave something to people that weren't vested at all?”