Words / V / Business

vesting cliff

noun

B2CEFR level
65/100Rarity: rare
TechnicalRegister

An initial period in which no granted equity is earned, the first tranche vesting only once that point is passed.

He left a week before his one-year vesting cliff and walked away with none of the equity.

Similar: cliff

Topic: Human resources in Business English

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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More business words: Human resources