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.

Игры ⚽ Нужен реферат?

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”