You can snap the Vertex to the Edge, with AutoMerge an Split Edges and Faces enabled in Options:
That way the Vertex wil become part of the Edge as wanted.,
The ‘old’ and long way, would be to Snap the Vertex to the Edge and then create a new Vertex by Subdividing the Edge and then Merging it to the Vertex that you want to make part of that Edge….
There are some other ways to achieve this, but the first method is the easiest.