# Vesting cliff

> Vesting cliff — The waiting period before any of a grant vests; on the cliff date the whole period's share vests at once. Leave a day before a one-year cliff and nothing has vested.

Source: https://lopifi.com/glossary/vesting-cliff
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is vesting cliff?** In accounting, vesting cliff means the waiting period before any of a grant vests; on the cliff date the whole period's share vests at once. Leave a day before a one-year cliff and nothing has vested.

## Also known as

- Cliff

## Words this system refuses for it

- probation
- lockup

- **Category:** Equity & financing
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** vesting, period