adjective
- not yet vested; not yet having acquired a legal right to receive or retain (especially benefits, stock options, or property)
Usage: commonly used in employment and finance contexts
Examples
- The employee's nonvested stock options will become available after three years of service.
- If you leave the company before the vesting period ends, your nonvested benefits will be forfeited.
- The retirement plan includes both vested and nonvested portions.
- She lost her nonvested pension when she resigned early.
- The contract specifies which bonuses are vested and which remain nonvested.