holdback

[hohld-bak]
noun
1.
the iron or strap on the shaft of a horse-drawn vehicle to which the breeching of the harness is attached, enabling the horse to hold back or to back the vehicle.
2.
a device for restraining or checking, as a doorstop or tieback.
3.
a stop or delay: a holdback in negotiations.
4.
a withholding: the holdback of a day's pay.
5.
something, as a planned expenditure or allotment, that is withheld or deferred.

Origin:
1575–85; noun use of verb phrase hold back

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
We also request that no further holdback be retained from future amounts due
  the contractor.
The insurer must pay the reservation or holdback upon the insured's providing a
  receipt for the replaced property.
Please describe some repair items that would qualify for an escrow holdback.
Fog delayed the start of the tournament, but that was the only holdback for the
  day.
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