What is the meaning of Holdbacks?

Holdbacks is a portion of a loan commitment that is not funded until an additional requirement is met, such as completion of construction.

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APABarry Goldsmith. (2010). holdbacks. Retrieved September 20, 2026, from http://smartdefine.org/holdbacks/definitions/1155475
ChicagoBarry Goldsmith. 2010. "holdbacks" http://smartdefine.org/holdbacks/definitions/1155475 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, holdbacks, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/holdbacks/definitions/1155475>.
MLABarry Goldsmith. "holdbacks" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/holdbacks/definitions/1155475>