vesting
21vesting — Having worked for a company the minimum amount of time necessary to qualify for various benefits. ► “National City launched an employee stock option plan . . . which rewards employees for their dedication by offering those employed on May 17,… …
22vesting schedule — noun The schedule setting forth when and to what extent options become exercisable (for example, 20% per year over five years); could apply to restricted or deferred stocks also …
23Vesting Schedule — Schedule setting forth when, and to what extent, options become exercisable or restricted stock or stock units are no longer subject to forfeiture (for example, 20% per year over five years). Bloomberg Financial Dictionary …
24vesting day — / vestɪŋ deɪ/ noun a day when a formerly nationalised industry becomes owned by its new shareholders …
25vesting order — In English law, an order which may be granted by the chancery division of the high court of justice (and formerly by chancery), passing the legal estate in lieu of a conveyance. Commissioners also, under modern statutes, have similar powers …
26vesting order — An order or decree of a court of equity transferring title to land …
27vesting order — noun : an order of a court, an administrative agency, or public officer passing the legal title in lieu of a legal conveyance …
28Cliff Vesting — The process by which employees earn the right to receive full benefits from the employee s qualified retirement plan account at a specified date, rather than becoming vested gradually over a given period of time. Cliff vesting happens when… …
29Accelerated Vesting — A form of vesting that takes place at a faster rate than the initial vesting schedule in a company s stock option plan. This allows the option holder to receive the monetary benefit from the option much sooner. If a company decides to undertake… …
30Graded Vesting — The process by which employees gain a certain percentage of irrevocable rights over employer contributions made to the employee s retirement plan account each year until the employee is fully vested. With graded vesting, an employee will become… …
