I drew paths thinking i was drawing a shape but later realized it is only a path. Now i could create a temporary shape like a box and paste this in and delete the box path. But just as there is a option to convert path to selection, is there an option to convert the selected path into shape?
Select the Pen tool.
Ensure the Pen tool's dropdown menu in the Options bar is set to "Path".
Click the Shape button in the Options bar, found to the right of the Pen tool dropdown menu.
Press that and presto :p
When created vector path just create a solid filled layer in adjustment layers.