Vested meaning : To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely. To clothe with authority, power, etc.; to put in possession; to invest; to furnish; to endow; followed by with and the thing conferred. To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor. To invest; to put. To clothe with possession; also, to give a person an immediate fixed right of present or future enjoyment of. (of an inheritance or a trust fund) To devolve upon the person currently entitled when a prior interest has ended. (financial) To become vested, to become permanent. Settled, fixed or absolute, with no contingencies. Dressed or clothed, especially in vestments.