precipitous cliff; sheer precipice
Describes a steep, sheer cliff face. Often used literally in descriptions of dramatic landscapes.
The coastline is lined with precipitous cliffs.
critical situation; precipice (figurative)
Figurative use: a situation so dangerous or difficult that it feels like standing at the edge of a cliff. Often used in phrases like 断崖絶壁に立たされる.
The company is on the brink of a critical situation.