Holding
1. In civil procedure, a court's determination of some matter of law. Often, holding refers to a determination of such a central issue that it decides the entire case.
2. In commercial law, legally owned property. Often describes land, securities, or a subsidiary business owned by a corporation.
Definition from Nolo’s Plain-English Law Dictionary
1) Any ruling or decision of a court. 2) Any real property to which one has title. 3) Investment in a business.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:17 pm