A statutory holdback arises when someone employs a contractor to do some work. A percentage of the agreed contract amount is held back for a period of perhaps 45 days after completion to ensure all parties are satisfied with the work before payment is completed.

The Car Coach - 2011 What Is Holdback was released on:

USA: 12 November 2012

A holdback can mean an object that is used to hold something back. It is also a term used in car sales for money that is paid by the car manufacturer to its dealers when they sell one of its cars.

"Holdback" jail inmates, are inmates that are being held back for state and federal prison systems, as well as other local correctional agencies. Almost all of the "holdback" jail inmates were being delayed due to overcrowding in adult prisons for felony offenders. This answer was provided by my "Corrections in America" an Introduction book, that I use in my Criminal justice class. Written by: ALLEN, LATESSA, PONDER, SIMONSEN

Statutory Body