vest (2024)

A right or an interest in property "vests" when it is secured.This means that the beneficiary of the right or property interest is certain to receive a specific amount, either now or in the future.

[Last updated in July of 2024 by the Wex Definitions Team]

vest (2024)

FAQs

What do you mean by vest? ›

: a sleeveless garment for the upper body usually worn over a shirt. b. : a protective usually sleeveless garment (such as a life preserver) that extends to the waist. c. : an insulated sleeveless waist-length garment often worn under or in place of a coat.

Why do men wear vests? ›

The basic purpose of an mens inner vest is to absorb your sweat. It provides a defensive layer between your body and your more expensive clothing. A good undershirt can also provide insulation when needed, and some lend shape and support to the upper body. But for the most part, it's a sweat-absorbent material.

What does vest mean in UK? ›

A vest is an upper-body garment, though the type of clothing depends on the dialect of English. In American English, a vest is what the British call a waistcoat, while in British and Indian English, it is what Americans call an undershirt or tank top.

What is the point of a vest? ›

Not only do vests work to keep your core insulated, your arms are free from bulky sleeves of insulated jackets. When you are engaged in activities where you need a full range of motion – chopping wood, setting up camp, stacking boxes in a warehouse – vests keep your arms free while still providing warmth.

What does "now vested" mean? ›

Key Takeaways

Full vesting occurs when funds contributed by another party become fully accessible by the recipient beneficiary. Typically retirement benefit contributions that are matched by a company, or pension plan payments, will fully vest only after a certain number of years and other criteria have been met.

What is considered a vest? ›

A vest is a sleeveless piece of clothing with buttons that people usually wear over a shirt. [US]regional note: in BRIT, use waistcoat. 2. countable noun.

Why men stopped wearing vests? ›

Vests had become optional when two-piece suits rose to popularity. By the time the double-breasted craze came to an end in the late 1950s, the waistcoat had become an optional item for most men and their suits. Also, many people were already beginning to wear more casual fashions in everyday life anyway.

Do men wear vests anymore? ›

The most traditional vests have always been part of a three-piece suit, made of matching fabric. More recently, now that men are wearing fewer matched suits and less formal suits, this look is not seen as often. It tends to be too stuffy for today's business and social climates.

When should a man wear a vest? ›

Business Meetings and Casual Offices: Pair a vest with a crisp shirt and slacks for a smart, yet approachable look. Networking Events: A vest sans jacket can make you look professional while still being approachable, ideal for making connections.

Is a vest too formal? ›

If you're aiming for a relaxed, cool look or attending a less formal event, a vest is your go-to. Plus, it's great if you're looking for the comfort of a three-piece suit without the full formal attire.

What does vest mean police? ›

V.E.S.T. is a 100% volunteer organization comprised of citizens who wish to volunteer their time and skills with the Griffith Police and Fire Departments. V.E.S.T members, while not armed, wear uniforms and often drive emergency vehicles.

What is a women's vest called? ›

A waistcoat (UK and Commonwealth, /ˈweɪs(t)koʊt/ or /ˈwɛskət/; colloquially called a weskit) or vest (US and Canada) is a sleeveless upper-body garment.

What are the disadvantages of wearing a vest? ›

Vests worn improperly can cause all kinds of problems. Your discomfort can distract you from your work. Also, the actual fit of the vest can cause a safety hazard in your work, making the very thing that should keep you safer actually lead to unsafe conditions.

Is it legal to wear a vest? ›

In the US, Federal Law states that any law-abiding citizen can purchase and wear body armor, however, when it comes to state laws, some states have certain restrictions on how you can buy armor, and where it can be worn.

What are the rules for wearing a vest? ›

No part of the shirt should be visible between the trouser belt and the vest. The sides and back should be cut a little higher than the front. The vest's shoulders should lie flat against the body. If it is worn with a suit, the vest's V-shaped opening should be narrow enough that the suit's lapels won't hide it.

What does vested mean? ›

“Vesting” in a retirement plan means ownership. This means that each employee will vest, or own, a certain percentage of their account in the plan each year. An employee who is 100% vested in his or her account balance owns 100% of it and the employer cannot forfeit, or take it back, for any reason.

What is an example of a vest? ›

a waist-length garment worn for protective purposes: a bulletproof vest. a sleeveless, waist- or hip-length garment made of various materials, with a front opening usually secured by buttons, a zipper, or the like, worn over a shirt, blouse, dress, or other article for style or warmth: a sweater vest; a down vest.

What does it mean to be vested after 5 years? ›

When an employee is vested in employer-matching retirement funds or stock options, they have nonforfeitable rights to those assets. Employee contributions to an employer-sponsored retirement plan are always considered 100% vested. A common vesting schedule is three to five years.

What is the same meaning of vested? ›

Definitions of vested. adjective. fixed and absolute and without contingency. “a vested right” synonyms: unconditional, unconditioned.

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