/ˈvɛstɪd/ – adjective
Definition: thuộc về, đã được trao cho, được ban cho, từ lâu, lâu đời, đã bám chắc.
A more thorough explanation: In legal terms, “vested” refers to a right, interest, or entitlement that is fixed, settled, and absolute. It typically means that the right has become legally secured and cannot be taken away or altered.
Example: Upon completion of the merger, the employees’ pension benefits became fully vested, entitling them to receive their full retirement benefits.