Vest Financial Glossary

What is it? A term mainly used on the context of employee stock ownership, option programs and employer-matched retirement plans. In order to be fully entitled, the employee must stay associated with the firm for a certain number of years. Some vesting periods allow for full benefits after you work for them for a pre-defined number of years. Others gradually increase the benefits (percentage of vesting) you receive, up to 100% as you work more and more years.

Finance Term Definition Added By: Juliana

The Vest definition has been viewed 3686 Time(s)!

Send To Friends!

If you'd like to send the Vest definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Vest. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Margin is An amount the lender adds to an index to determine the interest rate on an adjustable rate mortgage.

Financial Term whole loans is A phrase used to describe mortgage loans when the owner of the debt also owns the servicing rights. In other words, mortgage loans that have not had the servicing separated.

Financial Term Takeover is When one company approaches another company, making an offer to the latters shareholders, seeking to acquire their shares in sufficient quantities to take control. If the company that is being taken over is listed on the Stock Exchange, a strict protocol of rules and regulations exist to protect the interests of shareholders. A time limit is set for acceptance of the offer. If the company making the offer gets control of 90% or more of the shares, it has a legal right to acquire the remaining 10% of the shares at the offer price. A take-over bid may be friendly, recommended by the board of the company being taken over, or it may be hostile, rejected by the board with the company making the offer going direct to shareholders.

Financial Term Merger is The arrangement by which two companies unite without one attaining direct control over the other.

Financial Term FSA is The single regulatory authority for the UK financial services industry, setting the rules for how financial companies operate and looking out for the publics interests.