an act or instance of holding out.
a person who delays signing a contract in hopes of gaining more favorable terms: The basketball star was a holdout until they offered more money.
a person who declines to participate, cooperate, agree, etc.: Aside from one or two holdouts, everyone contributed.

1890–95; noun use of verb phrase hold out

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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1. a negotiator who hopes to gain concessions by refusing to come to terms; "their star pitcher was a holdout for six weeks" 
2. a refusal by a negotiator to come to terms in the hope of obtaining a better deal 
3. the act of hiding playing cards in a gambling game so they are available for personal use later 
WordNet® 3.0, © 2006 by Princeton University.
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Example sentences
Oddly, the business community was the last holdout against the marketplace approach.
They were the only holdout that refused to sign on to the agreement.
Collective-action clauses are designed to address the problem of holdout creditors in a restructuring negotiation.
Holdout jurors, who disagree with the majority, faced psychological pressure from their peers.
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