Vested: meaning, definitions and examples
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vested
[ ˈvɛstɪd ]
legal context
The term 'vested' refers to a right or interest that is secured and cannot be revoked. This term is often used in legal and financial contexts, such as when discussing property rights, benefits, or interests that have been granted to an individual. For instance, a vested pension plan means that the individual has a right to the benefits accrued over time, usually after meeting certain conditions. It's important to understand that vested interests offer a degree of certainty to individuals regarding their rights and benefits.
Synonyms
confirmed, established, secured.
Examples of usage
- He has a vested interest in the success of the company.
- The employee's pension rights became vested after five years.
- Her vested rights in the property were confirmed by the court.
formal context
To vest means to confer or invest a right or property in someone. In a legal context, when a right is vested, it means that it has been granted to an individual in such a way that it cannot be taken away. This term is commonly used in discussions about retirement plans, property rights, and other interests where a legal guarantee is involved. For example, once a property is vested in someone's name, they have full ownership and the ability to transfer or sell it.
Synonyms
Examples of usage
- The final decision will vest authority in the committee.
- The trust was set up to vest assets for the beneficiaries.
- They sought to vest control over the project to the board.
Translations
Translations of the word "vested" in other languages:
🇵🇹 concedido
- adquirido
- garantido
🇮🇳 अधिग्रहित
- स्थापित
- निश्चित
🇩🇪 erworben
- festgelegt
- gesichert
🇮🇩 ditetapkan
- diakui
- diperoleh
🇺🇦 придбаний
- закріплений
- гарантований
🇵🇱 nabyty
- przyznany
- zabezpieczony
🇯🇵 取得された
- 確定した
- 保証された
🇫🇷 acquis
- établi
- garanti
🇪🇸 adquirido
- establecido
- garantizado
🇹🇷 edinmiş
- kazanılmış
- güvence altına alınmış
🇰🇷 취득된
- 확정된
- 보장된
🇸🇦 مكتسب
- محدد
- مضمون
🇨🇿 nabyty
- stanovený
- zajištěný
🇸🇰 nabyty
- stanovený
- zabezpečený
🇨🇳 获得的
- 确定的
- 担保的
🇸🇮 pridobljen
- določen
- zagotovljen
🇮🇸 fenginn
- fastur
- tryggður
🇰🇿 иеленген
- анықталған
- кепілдендірілген
🇬🇪 მიღებული
- დადგენილი
- გარანტირებული
🇦🇿 qazanılmış
- müəyyən edilmiş
- təmin olunmuş
🇲🇽 adquirido
- establecido
- garantizado
Etymology
The word 'vested' originates from the Latin word 'vestire', which means 'to dress' or 'to clothe'. In English, it began to be used in a legal context in the 15th century, primarily referring to rights and interests that are fully conferred or secured. Throughout the centuries, it has evolved, with its primary associations being around property, investment, and legal rights. By the 18th century, the term had become common in discussions regarding pensions and benefits, referring to employees having secured rights to benefits after a certain period of service. In contemporary usage, 'vested' often implies not just ownership, but also an interest in the welfare of something, especially in business and legal environments.