invest

/in-ˈvest/

Italian investire to clothe, invest money, from Latin, to clothe

verb

  1. to commit (money) in order to earn a financial return

  2. to make use of for future benefits or advantages

  3. to involve or engage especially emotionally

verb

  1. to array in the symbols of office or honor

  2. to furnish with power or authority

  3. to grant someone control or authority over : vest

phrasal verb

  1. to give (someone) the power and authority of (a particular position or title)

The group invested her as chairperson.