vesting

noun

vest·ing ˈve-stiŋ

: the conveying to an employee of inalienable rights to money contributed by an employer to a pension fund or retirement plan especially in the event of termination of employment prior to the normal retirement age

also : the right so conveyed

Examples of vesting in a Sentence

Recent Examples on the Web

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That would include an $11.3 million in cash severance, $540,000 in incentive pay and $15.6 million from the vesting of long-term incentives. —

Evan Clark, WWD, 26 July 2024 And employers could add other attributes to help lower-income workers, such as immediate vesting, auto-enrollment and a higher default savings rate, the researchers noted. —

Aimee Picchi, CBS News, 28 May 2024 Thus, Nvidia’s actual performance exceeded the company’s stretch operating plan goal and the executives earned the maximum vesting of MY PSUs. —

Amanda Gerut, Fortune, 9 Apr. 2024 Poppe also harvested a gain of $24.4 million through the vesting during 2023 of an award of restricted stock, the SEC filing shows. —

George Avalos, The Mercury News, 5 Apr. 2024 See all Example Sentences for vesting