vesting
B2CEFR level
55/100Rarity: uncommon
TechnicalRegister
Law noun
The point at which a contingent right (to shares, options, a pension or a property interest) becomes an absolute, unforfeitable entitlement, whether in stages or all at once.
Her options ran on a four-year vesting schedule with a one-year cliff.
Business noun
The process by which a founder or employee earns their equity or options over time, usually contingent on continued service.
Her shares are on a four-year vesting schedule with a one-year cliff.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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