What does a vest mean?

A vest is a piece of underwear which you can wear on the top half of your body in order to keep warm . A vest is a sleeveless piece of clothing with buttons which people usually wear over a shirt . If something is vested in you, or if you are vested with it, it is given to you as a right or responsibility .

What does vesten mean in English?

Middle English vesten "to give into the possession or control of someone," from early French vestir "to dress with clothes, to give power or authority to," from Latin vestire "to clothe," from vestis "clothing, garment" from French veste "robe, garment," from Italian veste (same meaning), from Latin vestis "clothing, garment"

What does vested mean in real estate?

The concept can arise in any number of contexts, but the most common are inheritance law and retirement plan law. In real estate, to vest is to create an entitlement to a privilege or a right. For example, one may cross someone else's property regularly and unrestrictedly for several years, and one's right to an easement becomes vested.

What is a vesting period?

A "vesting period" is a period of time an investor or other person holding a right to something must wait until they are capable of fully exercising their rights and until those rights may not be taken away. In many cases vesting does not occur all at once.