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What does the vest term mean?

Updated: 5/28/2022
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Wiki User

8y ago

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Vested is defined as acquired by law or contract. Vested is having possession of a person. Vested can also mean entitled or earned. For a retirement program, vested means the amount of time and work required for the employee to complete before they are entitled to their retirement funds.

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Neha Leffler

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1y ago
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Q: What does the vest term mean?
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