- DictionaryVest·ed/ˈvestəd/
adjective
- 1. secured in the possession of or assigned to a person: "a state law vested the ownership of all wild birds to the individual counties"
- 2. supplied or worn with a vest.
vested adjective vest· ed ˈves-təd 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 2 : having a vested interest a vested employee a vested beneficiary
adjective. held completely, permanently, and inalienably: vested rights. protected or established by law, commitment, tradition, ownership, etc.: vested contributions to a fund. clothed or robed, especially in ecclesiastical vestments: a vested priest. having a vest; sold with a vest: a vested suit.
vest·ed. 1. Law Settled, fixed, or absolute; being without contingency: a vested right. 2. Having full ownership rights, especially after certain conditions such as a period of service, have been met: vested stock options; an employee vested in a retirement account. 3. Dressed or clothed, especially in ecclesiastical vestments.
1 a : a sleeveless garment for the upper body usually worn over a shirt b : a protective usually sleeveless garment (such as a life preserver) that extends to the waist c : an insulated sleeveless waist-length garment often worn under or in place of a coat 2 a chiefly British : a man's sleeveless undershirt b : a knitted undershirt for women 3
to put (something) into the possession or safekeeping of another vested the power to access their retirement accounts with their attorney Synonyms & Similar Words handed left delegated transferred relinquished entrusted gave granted delivered reposed confided committed passed conferred transmitted intrusted consigned loaned recommended commended
Apr 21, 2022 · Vesting is a way for employers to keep top-performing employees at the company. A vesting schedule is also commonly used in inheritance law and real estate. Key Takeaways When an employee is...
1 : an interest (such as a title to an estate) carrying a legal right of present or future enjoyment specifically : a right vested in an employee under a pension plan 2 : a special concern or stake in maintaining or influencing a condition, arrangement, or action especially for selfish ends 3 : one having a vested interest in something