Words / H / Law

holdout

/ˈhəʊldaʊt/

B2CEFR level
45/100Rarity: uncommon
TechnicalRegister

Law noun

A creditor who refuses a consensual restructuring to extract a better individual outcome.

One holdout fund threatened to derail the whole scheme unless it was paid out in full.

Similar: holdout creditor

Topic: Insolvency & restructuring in Legal English

Business noun

A party who refuses to agree in order to extract disproportionate value from a deal that needs them.

One holdout on the cap table can stall the whole round demanding a sweeter price for his stub.

Similar: holdup

Topic: Negotiation in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

Get words like holdout on your lock screen, a few a day, with review that makes them stick.

Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
QR code that opens Lexfall on the App Store
On a computer?Scan with your iPhone camera.

More law words: Insolvency & restructuring