Withholding is used in the context of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a hot issue. Used in the context of taxes, the withholding by an employer of a certain amount of an employee's income in order to cover the employee's tax liability. Also used to refer to the withholding by corporations and financial institutions of a flat 10% of interest and dividend payments due to security holders.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). withholding. Retrieved September 25, 2026, from http://smartdefine.org/withholding/definitions/1166572 |
| Chicago | Barry Goldsmith. 2010. "withholding" http://smartdefine.org/withholding/definitions/1166572 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, withholding, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/withholding/definitions/1166572>. |
| MLA | Barry Goldsmith. "withholding" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/withholding/definitions/1166572> |