|
 |
Investing Glossary:
Vest
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- V -
| Term: |
|
| Definition: |
| Become applicable or exercisable. A Term mainly used On the context of employee Stock ownership or option programs. Employees might be given Equity in a Firm but they must stay with the firm For a number of years before they are entitled to the Full equity. This is a vesting provision. It provides incentive for the employee to perform.
|
|
|
| |
|
