vesting

noun

vest·​ing ˈve-stiŋ 

: the conveying to an employee of inalienable rights to money contributed by an employer to a pension fund or retirement plan especially in the event of termination of employment prior to the normal retirement age

also : the right so conveyed

Examples of vesting in a Sentence

Recent Examples on the Web

And employers could add other attributes to help lower-income workers, such as immediate vesting, auto-enrollment and a higher default savings rate, the researchers noted. —Aimee Picchi, CBS News, 28 May 2024

Thus, Nvidia’s actual performance exceeded the company’s stretch operating plan goal and the executives earned the maximum vesting of MY PSUs. —Amanda Gerut, Fortune, 9 Apr. 2024

Poppe also harvested a gain of $24.4 million through the vesting during 2023 of an award of restricted stock, the SEC filing shows. —George Avalos, The Mercury News, 5 Apr. 2024

Agrawal and Segal get the accelerated vesting of all of their shares while Gadde gets accelerated vesting of only half of her shares. —Chris Isidore, CNN, 28 Oct. 2022

Word History

First Known Use

1944, in the meaning defined above