A vested share is a share in a company stock that is fully owned by an employee. Most people who own employee stock become vested after a few years of service with the company.
Typically, an employee needs to work for a company for 5 years to become vested in a retirement plan and earn retirement benefits.
You would receive 20 percent vested in the profit sharing plan when you leave the company since that is the amount you are vested at the time of your departure. Vested percentage is based on your tenure with the company and does not increase retroactively.
The man was vested in the company. Another good sentence would be, the new state law vested the criminals ownership.
By definition, anything vested belongs to you, it does not expire.
The law of a 10 year vested company pension or the Employee Retirement Income Security Act was introduced in 1974.
"Very often, the two expressions "merger" and "amalgamation" are taken as synonymous. But there is, in fact, a difference. Merger is restricted to a case where the assets and liabilities of the companies get vested in another company, the company which is merged losing its identity and its shareholders becoming shareholders of the other company. On the other hand, amalgamation is an arrangement, whereby the assets and liabilities of two or more companies become vested in another company (which may or may not be one of the original companies) and which would have as its shareholders substantially, all the shareholders of the amalgamating companies." I found it while surfing for the same... Hope it answers.
about 35 years
receiver is someone appointed to whom is vested the legal right to receive property belonging to a company
Are you asking in terms of 'vesting'? Such as in stock options or 401K? If so, it just means you earn the right to what ever it is. So, if the company contributes to your 401K but you're not vested, the money isn't yours. If you are 20% vested, then 20% of what they contributed is now your money.
It should be "property vested in," as "vested in" indicates ownership or control being placed in something or someone, while "vested to" is not grammatically correct.
If u don not contribute to 410K plan..can i still borrow money from what the company puts i