Vested Benefit Obligation - VBO — The actuarial present value of pension plan benefits belonging to employees of an organization. The vested benefit obligation (VBO) is one measure of a pension fund s liability. The VBO only considers benefits that have vested in an employee, as… … Investment dictionary
vested benefit — A benefit owing to a member of a pension scheme, whether or not the member is employed by the organizers of the scheme … Big dictionary of business and management
vested — vest·ed / ves təd/ adj 1: fully and absolutely established as a right, benefit, or privilege: not dependent on any contingency or condition; specif: not subject to forfeiture if employment terminates before retirement vested pension benefits 2:… … Law dictionary
Vested interest — Vest ed interest 1. a special personal interest, usually financial, in an existing system, law, or institution, which hinders a person from making objective decisions regarding that system, law, or institution. A vested interest may be one which… … The Collaborative International Dictionary of English
vested interest — n. 1. an established right that cannot be eliminated, as to some future benefit 2. close involvement in promoting personal advantage 3. [pl.] a number of groups cooperating or competing in pursuing selfish goals and exerting controlling influence … English World dictionary
Vested Interest — 1. The lawful right of an individual or entity to gain access to tangible or intangible property now or in the future. A vested interest is an entitled benefit, which can be conveyed to a separate party. There is usually a vesting period before… … Investment dictionary
vested interest — UK [ˌvestɪd ˈɪntrəst] / US [ˌvestəd ˈɪntrəst] noun Word forms vested interest : singular vested interest plural vested interests a) [singular] a special reason for wanting things to happen in a particular way, because you will benefit from this… … English dictionary
vested interest — noun 1. (law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑interest, ↑stake 2. groups that seek to control a social system or activity… … Useful english dictionary
vested interest — vest|ed in|ter|est [ ,vestəd ıntrəst ] noun singular a special reason for wanting things to happen in a particular way, because you will benefit from this: have a vested interest in (doing) something: Clearly, local businesses have a vested… … Usage of the words and phrases in modern English
vested — adjective Date: 1766 1. fully and unconditionally guaranteed as a legal right, benefit, or privilege < the vested benefits of the pension plan > 2. having a vest < a vested suit > … New Collegiate Dictionary
