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Definition of Vesting
1. n. Cloth for vests; a vest pattern.
2. n. Cloth for vests; a vest pattern.
Definition of Vesting
1. Noun. (legal) The entitlement of an employee to receive the full benefit of a pension at normal retirement age or a reduced pension upon early retirement even upon change of employer before retirement. ¹
2. Noun. (legal) The entitlement of an employee to exercise a stock option after a predetermined period of time. ¹
3. Noun. Cloth for making vests. ¹
4. Noun. A vest pattern. ¹
5. Verb. (present participle of vest) ¹
¹ Source: wiktionary.com
Definition of Vesting
1. the right of an employee to share in and withdraw from a pension fund without penalty [n -S]