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- 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.
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VESTED definition: vested shares, pension plans, etc. can be kept by an employee who has worked the necessary number…. Learn more.
Aug 14, 2024 · Vesting (or a vesting schedule) requires employees to fulfill a specified term of employment to gain access to benefits, such as retirement funds. Vesting is a way for employers to keep...
The meaning of VESTED is fully and unconditionally guaranteed as a legal right, benefit, or privilege. How to use vested in a sentence.
held completely, permanently, and inalienably. vested rights. 2. protected or established by law, commitment, tradition, ownership, etc. vested contributions to a fund. 3. clothed or robed, esp. in ecclesiastical vestments. a vested priest. 4.
/ˈvɛstɪd/ IPA guide. If you have a vested interest in something, you have a personal stake in its success. You have a vested interest in your science project — if your invention works, you could be rich and famous. Vested can also refer to something assigned to you.
VESTED meaning: vested shares, pension plans, etc. can be kept by an employee who has worked the necessary number…. Learn more.
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. vested. / ˈvɛstɪd / adjective.
In law, vesting is the point in time when the rights and interests arising from legal ownership of a property are acquired by some person. Vesting creates an immediately secured right of present or future deployment. One has a vested right to an asset that cannot
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.
The term "vested" refers to having a clear and absolute right to something, whether that right is to be enjoyed now or at a later time. Imagine you have a piece of land that you own outright. You can build on it, sell it, or pass it down to your children. That ownership is vested because it is yours without any conditions.