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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Share-based payments
Hi!
What does the term ‘vest’ means in the context of share-based payments?
Difficult to define the word without putting it in context! When share options vest, the grantee of those options then has an irrevocable right to take up the options if she so desires.
To vest, therefore, involves the acquisition of an irrevocable right
Will that do?
Yes.
Thank you!
You’re welcome
