Definition of Vesting:
Medium- to heavy-weight cloth with a decorated or raised pattern, used for vests and other garments.
The conveying to an employee of unconditional entitlement to a share in a pension fund.
Process by which authority, benefit, or privilege, or rights to or interest in an asset or property, passes unconditionally to a particular entity.
How to use Vesting in a sentence?
- There was a vesting interest by the third party so we were not sure that we could trust their perspective to be unbiased.
- After five years, vesting in my 401k will be complete - all the matching contributions made by my employer to my retirement account will legally belong to me.
- The expense was booked as a one-time charge, because ‘there is no vesting for these shares,’ he says.
- Sometimes you will have a vesting interest in another company and really hope it succeeds even if the profit wont go to you.
Meaning of Vesting & Vesting Definition