AbstractFinite‐time stability is investigated for nonlinear systems, which satisfy uniqueness of solution. First, a new sufficient condition for local finite‐time stability is presented. Next, by using the high‐gain observers and carefully selecting the homogeneity powers and weights, the problem of semi‐global and finite‐time stable observers is studied for multi‐output nonlinear systems with uniform observability and a triangular structure. Then, a design procedure is worked out for such observers. Finally, two numerical examples further verify the validity of the proposed approach. Copyright © 2009 John Wiley & Sons, Ltd.