What is the definition of Holdback pay? | Dictionary.net

HOLDBACK PAY

\hˈə͡ʊldbak pˈe͡ɪ], \hˈə‍ʊldbak pˈe‍ɪ], \h_ˈəʊ_l_d_b_a_k p_ˈeɪ]\

Definitions of HOLDBACK PAY

1910 - Black's Law Dictionary (2nd edition)

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Wages an employer holds back. It is given when conditions are met and is done at the beginning of employment when payroll is being set up or if an advance is needed.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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