Words / V / Law

vest

/vest/

B2CEFR level
50/100Rarity: uncommon
TechnicalRegister

Law verb

To confer an immediate, fixed and legally enforceable right or interest upon a person.

The options vested only after the executive completed three years of continuous service.

Topic: Commercial law in Legal English

Business verb

To reach the point at which an employee gains full ownership of granted shares or benefits.

A quarter of his options vest after the first twelve months.

Topic: Human resources in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Commercial law