Vesting
type: Class
subclass of: R8aNhIN6jIIVcj5Cbh8Bduw
definition: Vesting refers to the process by which an individual gains unconditional ownership or entitlement to certain assets or benefits over time, often subject to meeting specific conditions or remaining in employment for a predetermined period. In legal and financial contexts, it's a mechanism to incentivize loyalty and performance, typically applied to assets like stock options, retirement benefits, or property.