holdback, n. An amount withheld from the full payment of a contract pending the other party’s completion of some obligation, esp. to ensure that a contractor finishes the work agreed on beforehand. ? The terms of a holdback are typically expressed in the contract. The device gives the contractor an incentive to finish the work, and the other party security that the work will be finished. ¡ª hold back, vb.
What is the Chinese interpretation of HOLDBACK?
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