VESTING

Noun

vesting (plural vestings)

(legal) The entitlement of an employee to receive the full benefit of a pension at normal retirement age or a reduced pension upon early retirement even upon change of employer before retirement.

(legal) The entitlement of an employee to exercise a stock option after a predetermined period of time.

Cloth for making vests.

A vest pattern.

Verb

vesting

present participle of vest

Anagrams

• steving

Source: Wiktionary

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Vest"ing, n.

Definition: Cloth for vests; a vest pattern.

VEST

Vest, n. Etym: [L. vestis a garment, vesture; akin to Goth. wasti, and E. wear: cf. F. veste. See Wear to carry on the person, and cf. Divest, Invest, Travesty.]

1. An article of clothing covering the person; an outer garment; a vestment; a dress; a vesture; a robe. In state attended by her maiden train, Who bore the vests that holy rites require. Dryden.

2. Any outer covering; array; garb. Not seldom clothed in radiant vest Deceitfully goes forth the morn. Wordsworth.

3. Specifically, a waistcoat, or sleeveless body garment, for men, worn under the coat.

Syn.

– Garment; vesture; dress; robe; vestment; waistcoat.

– Vest, Waistcoat. In England, the original word waistcoat is generally used for the body garment worn over the shirt and immediately under the coat. In the United States this garment is commonly called a vest, and the waistcoat is often improperly given to an under-garment.

Vest, v. t. [imp. & p. p. Vested; p. pr. & vb. n. Vesting.] Etym: [Cf. L. vestire, vestitum, OF. vestir, F. vêtir. See Vest, n.]

1. To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely. Came vested all in white, pure as her mind. Milton. With ether vested, and a purple sky. Dryden.

2. To clothe with authority, power, or the like; to put in possession; to invest; to furnish; to endow; -- followed by with before the thing conferred; as, to vest a court with power to try cases of life and death. Had I been vested with the monarch's power. Prior.

3. To place or give into the possession or discretion of some person or authority; to commit to another; -- with in before the possessor; as, the power of life and death is vested in the king, or in the courts. Empire and dominion was [were] vested in him. Locke.

4. To invest; to put; as, to vest money in goods, land, or houses. [R.]

5. (Law)

Definition: To clothe with possession; as, to vest a person with an estate; also, to give a person an immediate fixed right of present or future enjoyment of; as, an estate is vested in possession. Bouvier.

Vest, v. i.

Definition: To come or descend; to be fixed; to take effect, as a title or right; -- followed by in; as, upon the death of the ancestor, the estate, or the right to the estate, vests in the heir at law.

Source: Webster’s Unabridged Dictionary 1913 Edition

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