"vesting power" is a correct and usable term in written English.
It means the delegation of legal authority or the granting of the right to exercise such authority. For example, "The board vested the CEO with the power to make personnel decisions."
And the commission form, which vests power entirely in a board of commissioners.
She oversaw the Rudd government's partial dismantling of the Howard government's workplace laws, which had vested power mainly with employers.
Franklin D. Roosevelt, Vereide favoured an unregulated economy in which the less fortunate would depend on the religiously motivated charity of those in whom God had vested power and wealth.
In contrast to countries such as the United States and United Kingdom, where young scientists are expected to lead teams early on, French research has long been dominated by a "mandarinate": a quasi-feudal hierarchy that concentrates funds and vests power in a relatively small number of lab and institute chiefs.
And the public, who ultimately vest power in all institutions, are looking for leadership in organizations to establish, express and align their purpose.
Upon the opening of the National Assembly, the communist majority voted to vest power in an executive committee almost entirely consisting of communists; the legislature met only once a year.
Despite — or because of — the dire problems caused by the debt crisis, member states are vesting more power than ever at the E.U. level.
Worse, it now suggests vesting enforcement power in a council of the very same regulators that have failed so miserably in the past and present.
Article II vests executive power in the office of the presidency of the United States.
