Definition for Vest
From Biology Forums Dictionary
Revision as of 10:58, 12 July 2017 by Bio man (Talk | contribs) (Created page with "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 sta...")
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.
