Glossary

V

A vesting period is the schedule over which you gain ownership of various benefits. Vesting is a process that rewards long-term employees with potential benefits such as more ownership of their employer-sponsored retirement funds or equity compensation. Common vesting periods are 3 to 5 years.

Recent Terms

Wealth Management
Wealth management is the process of reviewing and making decisions about your wealth so you can achieve your financial goals.
Stagflation
Stagflation is an especially difficult economic environment created by the combination of several factors: slow economic growth, high inflation, and a high unemployment rate.
Exchange-traded fund (ETF)
An exchange-traded fund (ETF) is a type of investment fund that holds a variety of underlying securities, including stocks, bonds, or alternative assets. It’s a way for investors to pool their money and each gain exposure to the assets within the fund rather than purchasing each asset individually.