invest

verb

1. 1

   make an investment

   Put money into bonds

2. 2

   place ceremoniously or formally in an office or position

   there was a ceremony to induct the president of the Academy

3. 3

   provide with power and authority

   They vested the council with special rights

4. 4

   furnish with power or authority; of kings or emperors

5. 5

   give qualities or abilities to