vesting

[ ves-ting ]

noun

1. cloth that is usually of medium or heavy weight and has figures or ridges, as piqué, jacquard, dobby silk, or Bedford cord, originally used for decorative vests and now also for a variety of other garments.
2. the granting to an eligible employee of the right to specified pension benefits, regardless of discontinued employment status, usually after a fixed period of employment.

Other Words From

• non·vesting adjective noun

Word History and Origins

Origin of vesting¹

First recorded in 1805–15; vest (noun) + -ing ¹

Example Sentences

He triggered a vesting option of $20 million for 2025 by exceeding 300 innings the last two years but is expected to test the market instead.

From Los Angeles Times

Though Calhoun, 66, is retiring this year, because he is past retirement age he’ll get the full value of those shares when the three-year vesting period ends, even though he’ll no longer be at Boeing.

From Seattle Times

Instead, the awards will be prorated “based on months of employment during the three-year vesting period.”

From Seattle Times

“The last thing that would serve the nation or the presidency would be to embolden presidents who lose reelection to engage in federal criminal statutory violations ... to prevent the vesting of executive power” in their lawful successor, the former officials wrote in a friend-of-the-court brief.

From Los Angeles Times

Of those options, 25.3 million are still unvested because their vesting dates haven’t yet been reached.

From Los Angeles Times