单词 | vesting |
释义 | vestingDefinition Process by which authority, benefit, or privilege, or rights to or interest in an asset or property, passes unconditionally to a particular entity. Use 'vesting' in a SentenceSometimes you will have a vesting interest in another company and really hope it succeeds even if the profit won't go to you. There was a vesting interest by the third party so we were not sure that we could trust their perspective to be unbiased. After five years, vesting in my 401k will be complete - all the matching contributions made by my employer to my retirement account will legally belong to me. |
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