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What does Cliff mean?

A period during a vesting schedule where no options or assets are awarded until a specific milestone, usually one year of service, is reached.

Cliff in a sentence
If an employee leaves before the one-year cliff, they don't receive any of their vested stock options.

Cliff in German, French, Spanish and Italian

German
Cliff
also Sperrfrist

Mindestdauer der Betriebszugehörigkeit, bevor Vesting einsetzt.

French
Cliff
also Période de blocage

Délai minimal avant de commencer à acquérir des droits sur ses actions.

Spanish
Cliff
also Periodo de acantilado

Periodo de tiempo inicial en el que no se adquiere ningún derecho.

Italian
Cliff
also Periodo di cliff

Periodo di tempo minimo che precede l'inizio della maturazione dei diritti.

Synonyms and opposites for Cliff

  • Synonym Wait period

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