vested


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have a vested interest (in something)

To have a personal stake in something, typically because one could potentially benefit from it. Of course I have a vested interest in how the board reacts to this proposal—if they like it, they might promote me!
See also: have, interest, vested

vest (something) in (someone or something)

To grant, place, or endow something, such as power, rights, control, etc., under the authority of some specific person or group. Often used in passive constructions. Don't you think you've vested a bit too much autonomy in your supervisors? By the powers vested in me by the state of Wyoming, I grant you husband and wife! I'm vesting control over my fortune in my granddaughter, Sophia.
See also: vest

vest (one) with (something)

To grant or endow something, such as power, rights, control, etc., to some specific person or group. Don't you think you've vested the supervisors of each department with a bit too much autonomy? The state has vested me with the power to unite two people in matrimony, a privilege that I do not take lightly. I'm vesting my granddaughter, Sophia, control over my entire fortune.
See also: vest

vested interest

A strong, self-motivated interest or stake (in someone or something). The industry accounts for nearly 30% of our annual revenue, so of course we have a vested interest in any legislation that could affect it. He's got a $200 bet riding on this team, so yes, you could say he's got a vested interest in whether they win or lose.
See also: interest, vested

*vested interest (in something)

Fig. a personal or biased interest, often financial, in something. (*Typically: have ~; give someone ~.) Margaret has a vested interest in wanting her father to sell the family firm. She has shares in it and would make a large profit. Bob has a vested interest in keeping the village traffic-free. He has a summer home there.
See also: interest, vested

vested interest

A personal stake in something, as in She has a vested interest in keeping the house in her name. This term, first recorded in 1818, uses vested in the sense of "established" or "secured."
See also: interest, vested

have a vested ˈinterest (in something)

have a personal reason for wanting something to happen, especially because you get some advantage from it: He has a vested interest in Mona leaving the firm (= perhaps because he may get her job).
See also: have, interest, vested

vested interest

A personal stake in an existing arrangement or institution; also, in the plural (vested interests), those who have such a stake. In his oft-quoted essay On Liberty (1859), John Stuart Mill wrote, “The doctrine ascribes to all mankind a vested interest in each other’s moral, intellectual, and even physical perfection.”
See also: interest, vested
References in periodicals archive ?
The court stated that although an employer may waive its right to modify or terminate benefits under a welfare benefit plan by providing for vested, unalterable benefits, such an intention on the part of an employer must be found in the plan documents and must be stated in clear and express language.
Termination of retiree health benefits
It is now clear that beneficiaries need not have a vested income interest or a vested remainder interest to be considered in possession of a present interest.
Contingent beneficiaries and the annual gift tax exclusion
Example 2: Participant P, who is 40% vested in his company contribution account of $1,000, makes a $400 inservice withdrawal from that account.
Coordinating plan loans and hardship distributions
"At USD1.3 trillion and growing, we have a student debt crisis with no solutions," said Vested CEO Lorne Abony.
Vested Finance raises USD5m
An advantage of lay ministers being vested is the uniformity of clothing.
Can laypeople wear vestments at church?
The expense should include compensation costs associated with awards that are partially vested at the date of adoption.
Options and the deferred tax bite: just when you thought it couldn't get any more complicated
Placing assets in an offshore trust is treated as the transfer of property triggering immediate taxation (as vested) regardless of whether the assets are available to satisfy claims of general creditors (i.e., offshore rabbi trusts are not permitted).
The law of unintended consequences: international implications of section 409A
The exercise-and-sell strategy is impractical since the options are not vested and there would be no resulting value.
Worth the risk? Weighing strategies for nonqualified stock options in a volatile market
"I feel a little sad," she says, "but it's a goal that hopefully I can achieve to get them all vested."
A DOG'S LIFE
Properties were supposed to be vested into city hands within a year of the initial borough filing.
New in rem policies announced
Employees are always fully and immediately vested in their own contributions to the plan.' The four standard types of vesting schedules are:
How has vesting changed since passage of Employee Retirement Income Security Act?
One-fourth of the common shares underlying each employee's option will vest on the one year anniversary of his or her date of hire and thereafter 1/48th of the shares underlying each employee's option will vest monthly and will be fully vested on the fourth anniversary of his or her date of hire in each case.
Audentes Therapeutics announces stock options and restricted stock units to new employees
One-fourth of the RSUs will vest on March 5, 2020 and 1/16th of the RSUs will vest on each of June 5, September 5, December 5 and March 5 thereafter, such that the RSUs will be fully vested on the fourth anniversary of March 5, 2019, in each case, subject to each such employee's continued employment with Audentes on such vesting dates.
United States : Audentes Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Lombard's police dog, Thor, will receive a protective vest thanks to a charitable donation from a nonprofit organization called Vested Interest in K9s, Inc.
Lombard police dog gets protective vest
Deferrals earned and vested before 2005 remain subject to prior law, except that amounts deferred under a plan "materially modified" after Oct.
Current developments (Part I: this two-part article provides an overview of current developments in employee benefits, including executive compensation, welfare benefits and retirement plan requirements. Part I focuses primarily on executive compensation.)
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