vesting Hear it!

vesting Definition

vest·ing (vestiŋ)

noun

the retention by an employee of all or part of pension rights regardless of change of employers, early retirement, etc.

vesting Finance Definition

The right that an employee has to receive contributions made by their employers to an employer-contributed pension plan, a 401(k) plan, or a profit-sharing plan. The federal government requires that employees must be fully vested, or be given the right, to own all of their employer’s contributions after a certain time period. Usually vesting rights are given on a graduated schedule, with 20 percent of the contribution being vested each year.

Browse dictionary entries near vesting

  1. vestigial sideband
  2. vestige
  3. vestibule
  4. vestiary
  5. vestee
  6. vested interest
  7. vested
  8. vestal virgin
  9. vestal
  10. Vesta
  1. vestment
  2. vestments
  3. vestry
  4. vestryman
  5. vesture
  6. Vesuvian
  7. vesuvianite
  8. Vesuvius
  9. vet
  10. vetch