vested

play
adjective vest·ed \ˈve-stəd\

Definition of vested

  1. 1 :  fully and unconditionally guaranteed as a legal right, benefit, or privilege the vested benefits of the pension plan

  2. 2 :  having a vest a vested suit

Recent Examples of vested from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'vested'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of vested

1766


Law Dictionary

vested

play
adjective vest·ed \ˈves-təd\

Legal Definition of vested

  1. 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. 2 :  having a vested interest a vested employee a vested beneficiary



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