Satisfaction of specified conditions that establish rights under an award or benefit.
In practice
Vesting, exercise, and settlement can be separate events. Leaving employment may affect unvested awards and exercise deadlines differently.
Connect the definition to a decision
A definition is a starting point. The related guide explains the mechanics, gives examples, and identifies the assumptions to check before applying the concept.
Read the related guide →From the reading room
Take the next chapter with you.
Compare books and study tools for this topic, with clear selection criteria.
Browse the reading list →Contains Amazon affiliate links. As an Amazon Associate I earn from qualifying purchases.
General financial education, not personalized investment or tax advice. Investing involves risk, including loss of principal.