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.
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The Car Coach - 2011 What Is Holdback was released on: USA: 12 November 2012
"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
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.
Holdback funds are a portion of the total payment in a contract that is withheld by one party until certain conditions are met, such as the completion of work or the resolution of specific issues. This practice is common in construction and real estate transactions, where it serves as a safeguard to ensure that contractors or service providers fulfill their obligations. The holdback amount typically encourages timely project completion and compliance with contractual terms. Once the conditions are satisfied, the funds are released to the appropriate party.
For a new Toyota Camry, you can find one between an MSRP of $20,110 and a hybrid for aboout $28,200 depending on the kind of deal your dealer would be willing to give you. You should be looking at a holdback of about $400 to $585.
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Definition
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