unvested
un-VES-tid
Definition
Referring to company shares or stock options that an employee has not yet fully earned the right to own or sell because they have not met the required conditions, such as remaining with the company for a certain length of time.
Etymology
The word is formed by adding the negative prefix 'un-' to 'vest,' which comes from the Old French 'vestir' and Latin 'vestire,' meaning 'to clothe.' Originally, 'vesting' referred to giving someone a legal right or possession, like 'clothing' them with an office or property.
In the news
The article uses the term to describe the equity that employees keep in reserve, which allows them to maintain a stake in a company's future growth even after selling off their already earned (vested) shares.
“Sell everything you have vested”
Read the full article ↗www.calcalistech.com