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vesting

Syllabification: vest·ing
Pronunciation: /ˈvestiNG
 
/

Definition of vesting in English:

noun

1The conveying to an employee of unconditional entitlement to a share in a pension fund.
Example sentences
  • The expense was booked as a one-time charge, because ‘there is no vesting for these shares,’ he says.
  • The statutory vesting period is five years, but your employer may provide immediate vesting if he or she wishes.
  • A cash-poor start-up may rely heavily on stock options to compensate its employees, and the delayed vesting of the stock provides incentive for employees to stick with the new company.
2Medium- to heavy-weight cloth with a decorated or raised pattern, used for vests and other garments.

Definition of vesting in:

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