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vesting

American  
[ves-ting] / ˈvɛs tɪŋ /

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 Word Forms

Etymology

Origin of vesting

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Vesting or ownership of restricted stock is typically tied to time in service and meeting performance goals.

From Reuters • Mar. 6, 2014

Consider Vesting Your Equity Over TimeIt is extremely difficult to find the right co-founders for your business.

From Inc • Aug. 31, 2012

The average Briton would raise no flag on Vesting Day.

From Time Magazine Archive

New Year's Day would be Vesting Day, so-called because on that day title to coal mines and the cable & wireless industry would be taken from private ownership and vested in the Government.*

From Time Magazine Archive

An Act for the Encouragement of Learning, by Vesting the Copies of Printed Books in the Authors or Purchasers of such Copies, during the Times therein mentioned.

From The Statute of Anne by Octavo, Anno