vest
verb [ I or T ]
FINANCE, STOCK MARKET uk/vest/ usif an employee's shares, payments to a pension plan, etc. vest or are vested, there is an agreed period that an employee must work for the company before they can use or sell them:
When an employee has worked for the company for five years, their benefits shall be fully vested.
Even before restricted shares vest, the employee receives ongoing dividends.
Phrasal verbs
vest in sb/sth
vest sth in sb/sth
vest sb with sth