Outrageously Funny Word Dictionary :: Vested

👉 Vested, also known as "vested interest," is a term used in accounting to describe a financial asset that has been transferred from one party to another, or sold. This means that the holder of the vested interest retains ownership over the asset until it either passes through the ownership chain or expires. For example, if an employee buys a stock at a discount and sells it later, they are said to have "vested" their investment because they received a portion of the proceeds from the sale

vested