A mechanical lifting device. A hoist can be hand or electrically operated.
Hold back
Portion of a construction loan withheld by a lender from a contractor until all construction work is satisfactorily completed or sufficient space is leased in a floor loan.
Hold down
A type of pipe anchor consisting of a U-strap bolted at either end onto a horizontal plate.
Hold down attachment
The hold down attachment can be used on both table and radial saws. It holds the workpiece down against the table surface and against the fence. This unit is highly recommended when using a dado head or a molding head.
Hold harmless clause
Contractual clause where one party assumes a liability risk for another and, thus, effectively indemnifies the named party from any liability.
Hold-out
The ability of a paint film to dry to its normal finish on a somewhat absorptive surface.
Holder in due course
Legal ruling providing protection to homebuyers of defective homes ought from a seller who then sold the contract to a third party. Alternately, one who acquires a bearer instrument in good faith and is eligible to keep it even though it may have been stolen.
Holding company
Company formed for the purpose of owning or controlling other companies.
Holding funds
Funds retained in an account until a certain event occurs.
Holding grade
Maintaining the proper depth at the bottom of an excavation.
