Vested meaning

vĕstĭd
Having full ownership rights, especially after certain conditions such as a period of service, have been met.

Vested stock options; an employee vested in a retirement account.

adjective
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Clothed; robed, esp. in church vestments.
adjective
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The definition of vested is a legal right or position has been secured or put into force.

When a pension has become guaranteed and you are definitely entitled to it, this is an example of a pension that would be described as vested.

adjective
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Including a vest.
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An unconditional right of current or future enjoyment of title to and actual possession of property, whether personal or real. See also contingent.
noun
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. See estate.
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A current right or title to possess a thing, even though the actual possession may not take place until sometime in the future.
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A property in the estate of a deceased that is limited to a certain specified person, whose enjoyment of same may be deferred to some future time.
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adjective
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(The addition of quotations indicative of this usage is being sought): dressed or clothed, especially in vestments.

The Pope, vested in mitre and cope, is greeted by a newly created Cardinal.

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Simple past tense and past participle of vest.
verb
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(law) Settled, fixed, or absolute; being without contingency.

A vested right.

adjective
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Dressed or clothed, especially in ecclesiastical vestments.
adjective
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(law) Not contingent upon anything; fixed; settled; absolute.

A vested right.

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