Word: holdback Part of Speech: noun Etymology: From hold + back. 1. A restraint; a device or part of a device that operates to restrain. Labels: countable, uncountable Example: In a furnace, the combination of an upwardly moving holdback and a downwardly moving dumping grate, of interconnected means for conjointly elevating said holdback and partially lowering said grate and then oscillating said grate without appreciably moving said holdback. Example: The holdback hook assembly is made up of four key parts : the missile holdback hook (1), missile latch finger (4), missile latch lever (6) and eccentric shaft (B). 2. A restraint; a device or part of a device that operates to restrain. Labels: countable, uncountable Example: All those devices, which heretofore have been constructed, wherein a spring has been applied as part of the holdback, are subject to derangement, owing to the uncertain action of the spring employed, and a liability of the sprint to get out of order, thus detracting from their efficiency. Example: The object of my improvement is to obtain a draft and holdback attachment for hames which will be more durable and answer the purpose better than the old two-pronged staple or the circular clip. 3. A delay in the movement of solute due to the slowing effects of diffusion Labels: countable, uncountable Example: Holdback is easier to determine than the dispersion coefficient, and where scatter of data is serious, mixing properties are easier to describe in terms of holdback. Example: Holdback can also be seen as protecting solute-free water against invading solute. 4. Income that is set aside for eventualities such as customer returns, seasonal fluctuations, performance bonuses, unexpected costs, etc. Labels: countable, uncountable Example: The community Opportunity Bonus Fund incorporates a $250 million bonus pool, which would operate in the same manner as the original performance holdback. Example: When there is a holdback provision, the percentage placed in reserve by gainsharing plans typically ranges from a low of 10 percent to as much as 70 percent. 5. A portion of the money that is owed to someone which is not paid, but instead held as security, until the entire job or contract has been successfully completed. Labels: countable, uncountable Example: Holdback arrangements may be viewed as the reverse of kickbacks. There were nine retailers who reported a holdback requirement by finance companies. Example: The proposed amendments to the regulation provided a procedure whereby the contractor's 10 percent holdback would be retained by the mortgagee to be paid into an escrow account, minus certain amounts, when the project has been substantially completed, as determined by HUD . 6. Money that a buyer does not pay at the time of purchase, but which is paid afterward (sometimes in installments, sometimes on a specified date). Labels: countable, uncountable Example: Accordingly, credit enhancement was provided by a 7.5 percent "holdback" whereby the purchasers withheld 7.5 percent of the purchase price at the closing. Example: The simplest way for the buyer to obtain protection is to agree on a holdback. This means that the buyer on closing only pays part of the purchase price and retains additional installment(s) for a certain period of time. 7. The difference between a dealer's cost and the manufacturer's suggested retail price. Labels: countable, uncountable Example: The discount holdback is a part of the overall discount enjoyed by all dealers of Dodge vehicles, and it is inconspicuously noted on each invoice that petitioner receives. The purpose of the discount holdback is to place Dodge dealers in a better competititve position with their rivals by placing an artifically high floor on the invoice cost of new vehicles and making it appear that each vehicle costs the dealer more than it actually does. Example: Holdback was instituted in the early 1960s, we understand, as a way to ensure that dealers would have money on hand to pay Uncle Sam at tax time. 8. A time period during which sales of a specific security or commodity cannot occur. Labels: countable, uncountable Example: Schedule 1.02 should list each Shareholder and the Shareholder's proportional share of the Purchase Price, including the amounts scheduled to be distributed from the Escrow Fund after the holdback period has expired. Example: Rather than disseminating each individual change, the holdback timer permits CBOE to wait until multiple market participants have adjusted their quotes and then to disseminate a new quotation. 9. A time period after the first release of a creative work before it can be distributed or adapted to other channels. Labels: countable, uncountable Example: It called for a rights framework which delivered a "clear, consistent and timely rights regime for all platforms" and minimum holdback periods. Example: Reserved rights are often subject to holdback provisions . A holdback provision requires a copyright or other rights owner to refrain from licensing certain rights for a limited period of time . 10. A legal provision for restricting distributions to a trust beneficiary under certain conditions. Labels: countable, uncountable Example: If such a holdback provision applies to income being paid from a life estate power of appointment trust (or to the exercisability of the general power of appointment of such a trust), which has been created either to qualify for the marital deduction or the orphan's deduction, obviously such a holdback clause will disqualify the property in a trust for the deduction. Example: A holdback provision gives the trustee discretion to hold back funds upon the occurrence of specified events. 11. The withholding of permits to extract a natural resource. Labels: countable, uncountable Example: It is only a holdback for resource development, and with the increasing use by people of these resources, it is coming to a critical stage, Mr. Secretary, it doesn't seem to me that we are going to be able to hold back too much longer. Example: You have the question of the supposed holdback of the allocations, and yet the law allows you and the President to alter the allocation without a change of law for 90 days. 12. A designation of some details about a crime that the police deliberately do not reveal to the public. Labels: countable, uncountable Example: The result was less a policy as much as a culture of information management among the inner sanctum of detectives working an open and active case, on in which there were strict safeguards placed around what became a nearly universal policy in holdback evidence. Example: The probative value of this kind of evidence is often overstated, as holdback evidence can be transmitted to the accused via prior interactions with the police. 13. A random subset of a body of data that is not used in the main analysis, but rather reserved for other purposes, such as validation. Labels: countable, uncountable Example: In the holdback methods, a sample of the observations is withheld (the holdback sample) while the remaining observations are used to train a neural net. Example: Since the holdback sample has different random noise, its calculated error will begin to increase.