VESTED Definition

Bookmark and Share

VESTED refers to having an absolute right or title, when previously the holder of the right or title only had an expectation. Example: after 20 years of employment Larry Loyals pension rights are now vested.

Learn new Accounting Terms

ACTUAL COST is the amount paid for an asset; not its retail value, market value or insurance value.

KWANZA is a currency of Angola.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.