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A "VEST" is a unit of measurement for the amount of STEEM POWER that a user has. There is always a conversion factor that goes from 'VESTS' to 'STEEM'. The amount of STEEM that you have per VEST will go up slightly over time, since the blockchain pays users interest on the STEEM that they have powered up.

Thanks for the detailed response!

I will keep re-reading it until it makes sense xD

Yes that's what I'm doing too. :)

Try to look at steemd.com

I would love to be a recipient of some of that SP, please and thank you :)