verb

definition

To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely.

definition

To clothe with authority, power, etc.; to put in possession; to invest; to furnish; to endow; followed by with and the thing conferred.

example

to vest a court with power to try cases of life and death

definition

To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor.

example

The power of life and death is vested in the king, or in the courts.

definition

To invest; to put.

example

to vest money in goods, land, or houses

definition

To clothe with possession; also, to give a person an immediate fixed right of present or future enjoyment of.

example

an estate is vested in possession

definition

(of an inheritance or a trust fund) To devolve upon the person currently entitled when a prior interest has ended.

example

Upon the death of the Sovereign the Crown automatically vests in the next heir without the need of coronation or other formality.

definition

(financial) To become vested, to become permanent.

example

My pension vests at the end of the month and then I can take it with me when I quit.

noun

definition

The entitlement of an employee to receive the full benefit of a pension at normal retirement age or a reduced pension upon early retirement even upon change of employer before retirement.

definition

The entitlement of an employee to exercise a stock option after a predetermined period of time.

definition

Cloth for making vests.

definition

A vest pattern.

Examples of vesting in a Sentence

The act of parliament which enabled this amalgamation received the royal assent on the 26th of July 1907, and authorized the union "to deal with real and personal property belonging to the said three churches or denominations, to provide for the vesting of the said property in trust for the United Church so formed and for the assimilation of the trusts thereof, and for other purposes."

Nobility thus implies the vesting of some hereditary privilege or advantage in certain families, without deciding in what such privilege or advantage consists.

It is proper to all clerics, even to those who have only received the tonsure, the bishop himself vesting with it those who have been newly tonsured by him.

Of course, they always and everywhere had the power of admitting their own monks and vesting them with the religious habit.

Even then the efforts of the Republican mayor were at first thwarted by the council, which passed an ordinance over his veto, taking from him the power of appointment and vesting it in themselves; the Maryland court of appeals, however, soon decided that the council had exceeded its powers, and an important outcome of the reform movement was the new charter of 1898.

A will trust requires a vesting assent from the personal representatives.

It must win the battle for democracy by constituting itself as the nation and vesting sovereignty in the people.

The Bute trustees in 1885 acquired the Glamorgan canal and its dock, and in the following year obtained an act for vesting their various docks and the canal in a company now known as the Cardiff Railway Company.

In 1902 the city of Galveston, in Texas, adopted a new form of municipal government by vesting all powers in a commission of five persons, elected by the citizens on a general ticket, one of whom is mayor and head of the commission, while each of the others has charge of a department of municipal administration.

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