A vested interest refers to an individual’s own stake in an investment or project, especially where a financial gain or loss is possible. In financial parlance, a vested interest often refers to the ability to rightfully claim assets that have been contributed or set aside for later use.
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What does it mean when someone says they are vested in you?
Being vested means you have earned the right to a present or future asset or benefit. Being vested essentially means you have completed certain achievements that gives you the right to an asset or benefit.
What’s another word for vested interest?
synonyms for vested interest
- absolute interest.
- beneficial interest.
- contingent interest.
- dominant interest.
- equitable interest.
- lobby.
- pressure group.
How do you use vested interest?
How to use Vested-interest in a sentence
- The more I have a personal vested interest in your success, the better.
- Hunting people have the biggest vested interest in the survival of the species.
Can you be vested in a person?
Being fully vested means a person has rights to the full amount of some benefit, most commonly employee benefits such as stock options, profit sharing, or retirement benefits.
Does vested mean committed?
held completely, permanently, and inalienably:vested rights. protected or established by law, commitment, tradition, ownership, etc.: vested contributions to a fund.
What is the example of vested interest?
For example, a company may designate a 20% entitlement of matched funds for employees after one year of service. If Peter contributes to a 401(k) with a company match, he would be fully vested or entitled to the entire company match after five years of service.
How do you use vested in a sentence?
How to use Vested in a sentence
- The judicial power is vested in a high court and many subordinate courts.
- He is vested in surplice, stole and cope.
- The more I have a personal vested interest in your success, the better.
What is the synonym of vest?
In this page you can discover 19 synonyms, antonyms, idiomatic expressions, and related words for vest, like: garment, clothes, waistcoat, dress, invest, coat, endow, jerkin, singlet, disapprove and vest in.
Where does the term vested interest come from?
Where does vested interest come from? The first records of vested interest come from around the 1810s. In the phrase, the word vested means “secured” or “established.” If you have a vested interest in a situation, you care very much about what happens—the situation has secured your interest.
What is the difference between contingent and vested interest?
Vested interest is a Transferable and heritable right. Contingent interest is a Transferable right, but whether it is heritable or not, it depends upon the nature of such any transfer and the condition.
What does vested partner mean?
In the context of a startup company, a vesting scheme is a formal agreement between business partners that states when a partner will gain full ownership of their portion of the company. If that agreement is broken and the partner leaves the company early, they do not continue to receive benefits from the company.
How does being vested work?
“Vesting” in a retirement plan means ownership. This means that each employee will vest, or own, a certain percentage of their account in the plan each year. An employee who is 100% vested in his or her account balance owns 100% of it and the employer cannot forfeit, or take it back, for any reason.
What happens if you are not vested?
If you’re not fully vested, you’ll get to keep only a portion of the match or maybe none at all. To find out your vesting schedule, check with your company’s benefits administrator. The upshot: It can usually take around three to five years before you own all of your company matching contributions.
Are you vested or invested in someone?
Invested means having put in time, effort, or money into something for a favorable result. Vested means protected by law such as power vested in someone. Vested interest means special reason that makes a person biased towards something. Something vested is inalienable, complete, and permanent.
What does vested ownership mean?
In law, vesting is the point in time when the rights and interests arising from legal ownership of a property is acquired by some person. Vesting creates an immediately secured right of present or future deployment.
What does vest mean in slang?
verb. at a place of employment, to do little work while waiting for one’s stock options to vest. My plan for the next year is to rest and vest, and then take some time off.
What does fail to obtain a vested interest mean?
TSEM6210 – Legal background to trusts & estates: vested interest – definition. ‘Vested’ means that the interest either already is or will eventually come into the hands of the beneficiary. If this occurs after the beneficiary dies, it will go to the personal representatives of the beneficiary.
What is the opposite of vest?
We have listed all the opposite words for vest alphabetically. disapprove. blame. censure. chastise.
What does it mean for a right to vest?
Having an absolute right or title to something, to be enjoyed either now or in the future. A vested right is unconditional; it is no longer dependent on any event even if it was in the past. See Contingent (contrast). property & real estate law.
What is the opposite of a gable?
The opposite or inverted form of a gable roof is a V-roof or butterfly roof.