Having worked for a company the minimum amount of time necessary to qualify for various benefits.
 ► “National City launched an employee stock option plan . . . which rewards employees for their dedication by offering those employed on May 17, 1995 . . . - once they are vested - to buy 150 National City common shares over the next 10 years for the price set on that date.” (Bank Marketing, Aug. 1995, p. 29)

American business jargon. 2014.


Look at other dictionaries:

  • vested — vest·ed / ves təd/ adj 1: fully and absolutely established as a right, benefit, or privilege: not dependent on any contingency or condition; specif: not subject to forfeiture if employment terminates before retirement vested pension benefits 2:… …   Law dictionary

  • Vested — Vest ed, a. 1. Clothed; robed; wearing vestments. The vested priest. Milton. [1913 Webster] 2. (Law) Not in a state of contingency or suspension; fixed; as, vested rights; vested interests. [1913 Webster] {Vested legacy} (Law), a legacy the right …   The Collaborative International Dictionary of English

  • veşted — VÉŞTED, Ă, veştezi, de, adj. 1. (Despre plante sau părţi ale lor) Care şi a pierdut prospeţimea, seva; ofilit. ♦ (Despre locuri, suprafeţe etc.) Pe care vegetaţia şi a pierdut prospeţimea, s a ofilit. ♦ fig. Lipsit de culoare, mohorât. 2. fig.… …   Dicționar Român

  • vested — UK US /ˈvestɪd/ adjective US HR, LAW, FINANCE ► vested shares, pension plans, etc. can be kept by an employee who has worked the necessary number of years for a particular company: »He chose to receive his vested benefits in a single lump sum… …   Financial and business terms

  • vested — [ves′tid] adj. [pp. of VEST] 1. clothed; robed, esp. in church vestments 2. including a VEST (n. 1a): said of a man s suit 3. Law not contingent upon anything; fixed; settled; absolute [a vested right] …   English World dictionary

  • vested — (adj.) established, secured, settled, 1766, pp. adjective from VEST (Cf. vest) (v.) …   Etymology dictionary

  • vested — Fixed; accrued; settled; absolute; complete. Having the character or given the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Rights are vested when right to enjoyment, present or prospective,… …   Black's law dictionary

  • vested — adj. (cannot stand alone) 1) vested in (the power to impose taxes is vested in Congress) 2) vested with (Congress is vested with the power to impose taxes) * * * [ vestɪd] vested with (Congress is vested with the power to impose taxes) (cannot… …   Combinatory dictionary

  • vested — vest|ed [ˈvestıd] adj 1.) vested interest a strong reason for wanting something to happen because you will gain from it ▪ Since he owns the strip of land, Cook has a vested interest in the project being approved. 2.) vested interests the groups… …   Dictionary of contemporary English

  • Vested — Vest Vest, v. t. [imp. & p. p. {Vested}; p. pr. & vb. n. {Vesting}.] [Cf. L. vestire, vestitum, OF. vestir, F. v[^e]tir. See {Vest}, n.] 1. To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass… …   The Collaborative International Dictionary of English

  • vested — /ves tid/, adj. 1. 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… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.