vested

adjective vest·ed \ ˈve-stəd \
Updated on: 15 Apr 2018
1 : fully and unconditionally guaranteed as a legal right, benefit, or privilege
  • the vested benefits of the pension plan
2 : having a vest
  • a vested suit

Recent Examples of vested from the Web

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First Known Use of vested

1766

in the meaning defined at sense 1

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Law Dictionary

vested

adjective vest·ed \ ˈves-təd \
1 : fully and absolutely established as a right, benefit, or privilege : not dependent on any contingency or condition; specifically : not subject to forfeiture if employment terminates before retirement
  • vested pension benefits
2 : having a vested interest
  • a vested employee
  • a vested beneficiary


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