Letter H
general
Holding
The court's determination of a legal question; the rule or principle established by a court decision. Distinguished from dictum.
Encyclopedia entry: Holding
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holding
A holding can have different meanings depending on the context used.
- A court's decision on a matter of law in civil procedure is called a "holding." It frequently refers to a ruling on a crucial issue that decides the outcome of the entire case .
- In commercial law , "holding" refers to legally owned property , which may include land , securities , or a subsidiary business owned by a corporation .
- The term "holding" in securities law refers to ownership of a security such as stock or bond . An individual’s or entity's holding of a security indicates their ownership of a specific number of shares .
[Last reviewed in February of 2023 by the Wex Definitions Team
]
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Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.