Vested: meaning, definitions and examples

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vested

 

[ ˈvɛstɪd ]

Adjective / Verb
Context #1 | Adjective

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.
Context #2 | Verb

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

assign, grant, invest

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

🇮🇳 अधिग्रहित

🇩🇪 erworben

🇮🇩 ditetapkan

🇺🇦 придбаний

🇵🇱 nabyty

🇯🇵 取得された

🇫🇷 acquis

🇪🇸 adquirido

🇹🇷 edinmiş

🇰🇷 취득된

🇸🇦 مكتسب

🇨🇿 nabyty

🇸🇰 nabyty

🇨🇳 获得的

🇸🇮 pridobljen

🇮🇸 fenginn

🇰🇿 иеленген

🇬🇪 მიღებული

🇦🇿 qazanılmış

🇲🇽 adquirido

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.

Word Frequency Rank

With rank #4,496, this word represents useful upper-intermediate vocabulary. Understanding and using it will help you express more complex ideas effectively.