What does vested mean?


According to Merriam-Webster dictionary, "vested" means to be "fully guaranteed a legal right, benefit or privilege." Vesting occurs either gradually or all at once upon the finalization of ownership of an entity.

The term "fully vested" usually applies to individuals who receive retirement, profit sharing or stock option benefits from the company that employs them. For example, when an individual goes to work for a company, he might receive part of his vested interests in his employee profit sharing, stock option and retirement plan every four to five years that he works for the company. Therefore, when he retires from the company after 20 to 25 years, he leaves the company fully vested with the entire range of benefits at his disposal because of his completed service to the organization.

Q&A Related to "What does vested mean?"
1. Choose a vest pattern. A simple vest pattern will have between three and five pieces (five if you want pockets) If you don't wish to buy a pattern you can make your own by using
1. Start with a long-sleeve camouflage button-front shirt. Look for a shirt with heavy-duty material that can handle the weight of your turkey hunting gear and two chest pockets for
There are several online distributors of safety vests which sell safety vests in large quantities. Typically the larger the order, the more savings per vest. When placing an order
1. Put the weight bars into the pockets on the vest until you've reached the weight you want. 2. Put the weight vest on your torso, over a lightweight shirt. Make sure that it is
1 Additional Answer
Ask.com Answer for: what does vested mean
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.
Source: Dictionary.com
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com