verb past tense of vest, meaning to give someone the legal right or power to do something
adjective having a special right, power, or privilege
In real estate, 'vested' refers to ownership rights that are legally secured and cannot be easily revoked.
In law, 'vested' refers to a right or interest that is absolute and not contingent on any future event.
In finance, 'vested' refers to the right of an employee to receive benefits such as stock options or retirement funds after a certain period of employment.
In human resources, 'vested' refers to the process by which an employee becomes entitled to certain benefits or privileges over time.
In the publishing industry, a writer may have vested rights in their work, meaning they have ownership and control over it.
A psychologist may have vested interest in a particular research topic or study, meaning they are personally invested in its outcomes.
A financial advisor may have vested interests in their clients' portfolios, as their compensation is often tied to the performance of these investments.
A human resources manager may have vested authority in making decisions related to employee benefits and compensation packages.
A real estate agent may have vested interests in closing a deal, as their commission is dependent on the successful sale of a property.
A lawyer may have vested rights in a case they are representing, meaning they have a personal stake in the outcome and success of their legal argument.