Retainage
Definition & Meaning
Part of speech noun
Quick meaning: Retainage is a noun meaning An amount of money held back from a payment as insurance against the work not being completed.
Meaning
An amount of money held back from a payment as insurance against the work not being completed.
Word Forms
- retainages
Related Words
Related dictionary entries include withholding, holding, detention, sequestration, retainer, retention.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.