vested

/'vestid/

Thân thiện

The employee has a vested interest in the company's retirement plan.

Definition

1. Adjective:
   • Fixed, absolute, and without contingency: Describes a right, benefit, or interest that is secured, established, and not dependent on any future event or condition. It is often used in legal and financial contexts.
   • Clothed or robed, especially in ceremonial garments: An older or formal meaning referring to being dressed in a vest or similar garment.

Usage and Examples

• Adjective (Fixed Right):

  • After five years with the company, she has a vested interest in the pension plan. (Her right to the pension is now secure and unconditional.)
  • The property is his vested right, granted by the old treaty. (His ownership of the property is absolute and guaranteed.)
  • The law protects the vested rights of citizens. (It protects rights that are already firmly established.)

• Adjective (Clothed) - Less Common:

  • The priest was vested in traditional robes for the ceremony. (The priest was dressed in ceremonial robes.)

Advanced Usage

• "Vested interest": A special interest in something because you can gain an advantage from it. This is the most common modern usage.
  • As a major shareholder, he has a vested interest in the company's success. (He benefits personally from the company doing well, so he is keenly interested.)
• "Fully vested": A specific term in employee benefits (like retirement plans) meaning an employee has earned the right to the full value of the benefits, regardless of future employment.
  • Once you are fully vested, you can take your entire retirement account with you if you leave.

Variants and Related Words

• Vest (verb): To confer or bestow power, authority, or property. Also, to become vested.
  • The power to make treaties is vested in the president. (The president is given that power by law.)
• Vesting (noun): The process by which an employee accrues non-forfeitable rights over employer-provided benefits over time.

Synonyms

• Absolute: Complete and not subject to any limitation.
• Established: Having been in existence for a long time and therefore recognized.
• Inalienable: Unable to be taken away or given away.
• Guaranteed: Formally promised or assured.

Antonyms

• Contingent: Dependent on something uncertain or conditional.
• Provisional: Arranged or existing for the present, possibly to be changed later.
• Forfeitable: Liable to be taken away as a penalty.

Related Phrases and Idioms

• "Vested rights": Rights that have so completely accrued to a person that they cannot be impaired by another.
• "Vested remainder" (Legal): A future interest in property that is given to a specific person and is not subject to a condition.

Học thuật

Adjective

1. fixed and absolute and without contingency
   • a vested right