VESTED

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.

Example: "To vest a court with power to try cases of life and death"

To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor.

Example: "The power of life and death is vested in the king, or in the courts."

To invest; to put.

Example: "To vest money in goods, land, or houses"

To clothe with possession; also, to give a person an immediate fixed right of present or future enjoyment of.

Example: "An estate is vested in possession"

(of an inheritance or a trust fund) to devolve upon the person currently entitled when a prior interest has ended.

Example: "Upon the death of the sovereign the crown automatically vests in the next heir without the need of coronation or other formality."

(financial) to become vested, to become permanent.

Example: "My pension vests at the end of the month and then i can take it with me when i quit."