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.
Vested vs Invested â¢ Invested means having put in time, effort, or money into something for a favorable result. â¢ Vested means protected by law such as power vested in someone. â¢ Vested interest means special reason that makes a person biased towards something. â¢ Something vested is inalienable, complete, and permanent. â¢ A teacher invests his time and effort on his pupil. â¢ Personal stake in something makes one biased towards it, and it is said that he has vested interests.