This meaning refers to a garment covering the chest and back but not the arms.
He wore a vest under his jacket.
The waiter wore a black vest.
This meaning refers to a garment designed for visibility, safety, protection, or carrying equipment.
Workers must wear reflective vests.
The officer put on a protective vest.
This formal meaning refers to legally placing power, rights, or property in a person or organization.
The constitution vests authority in parliament.
Ownership was vested in the new company.
In employment and finance, vest means gaining permanent ownership of shares, pension rights, or another benefit.
The employee's shares vest after three years.
Her pension benefits are now fully vested.