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retention

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.
retention
1. Pathol the abnormal holding within the body of urine, faeces, etc., that are normally excreted
2. Commerce a sum of money owed to a contractor but not paid for an agreed period as a safeguard against any faults found in the work carried out

retention
1. The withholding of a portion (usually 10%) of a periodic payment to a contractor, by prior agreement, for work completed. The retention is held in escrow for a stipulated time period after the acceptance of the completed work by the architect and owner/payee.
2. The amount of preservative, fire-retardant salt, resin, etc., retained by treated or impregnated wood.


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All this is true, if time stood still; which contrariwise moveth so round, that a froward retention of custom, is as turbulent a thing as an innovation; and they that reverence too much old times, are but a scorn to the new.
I ask for information, as a plodding man of business who only deals with such material objects as guineas, shillings, and bank-notes--may not the retention of the thing involve the retention of the idea?
Roman and Norman were both wise in their retention of places of approved strength or utility.
 
 
 
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