Synonyms for
Vesting
Definition
The process of giving an employee or a person the legal right to receive a particular amount of money or benefit, especially a pension, after a certain period of time or under certain conditions.
Synonyms & similar words
Example sentences
- The vesting period for this benefit plan is three years.
- He received his full vesting rights after ten years of service.
- The vesting schedule for this stock option is five years.
- The vesting process for this retirement plan is automatic.
- The employee's vesting rights were forfeited when he quit his job before the vesting period.
Quotes
Vesting is a process by which a person gains rights to something, usually over time.
Vesting is like a savings account that you are not allowed to access until a certain time.
Vesting is a way of ensuring that employees are rewarded for their loyalty to a company.