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 Word Forms

• nonvesting adjective

Word History and Origins

Origin of vesting¹

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

Example Sentences

The first stock tranche vests with the initial one-gigawatt deployment, with additional tranches vesting as purchases scale up to six gigawatts, the news release said.

Read more on Los Angeles Times

And at least nine continue to receive corporate benefits from their private-sector employers, including health insurance, stock vesting plans or retirement savings programs.

Read more on Salon

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.

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Mercer also recommends improving vesting rights for all retirement plan members and improving inflation protection — a feature of Social Security, but not of many private or corporate retirement plans.

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Some employees donned vests on their one-year anniversary at Cameo in a nod to some shares vesting, two former staffers said.

Read more on New York Times