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holdback Definition

hold·back (-bak′)

noun

  1. a thing that holds back; curb; check; hindrance
  2. ☆ a strap or iron attached to the shaft of a wagon, carriage, etc. and to the harness, to enable a horse to stop or back the vehicle

holdback Usage Examples

Modifies a noun

  • payment: Since most dealers rotate their inventory in less than 90 days, they usually get to keep some of the holdback payment.
  • period: A second holdback period would allow a broadcaster to apply a restriction on the exploitation of rights by the original program producer.
  • position: Before this can be done, you need to know about the holdback position.

Noun used with modifier

  • grant: The main reason for this poor outcome is that HEFCE is going to impose a grant holdback of around £ 1m.