Hindsight bias is a common bias that everyone experiences. You have probably experienced it numerous times in your life without even realizing it. In this lesson, you will learn the definition of hindsight bias and be provided with some examples.
Vested Definition: Vested is the term used to determine how much of your 401(k) funds you can take with you when you leave your company. Vesting refers to the ownership of your 401(k). When you are considering your contributions to your 401(k), you may be wondering how much of the money is yours.
The term vest is significant in the law, because it means that a person has an absolute right to some present or future interest in something of value.When a right has vested, the person is legally entitled to what has been promised and may seek relief in court if the benefit is not given.O VEST, estates. To give an immediate fixed right of present or future enjoyment; an estate is vested in possession when there exists a right of present enjoyment; and an estate is vested in interest, when there is a present fixed right of future, enjoyment. Feame on Rem.