Meaning of “hold out for sth” in the English Dictionary

"hold out for sth" in English

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(Definition of “hold out for sth” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"hold out for sth" in Business English

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hold out for sth

phrasal verb with hold uk /həʊld/ us verb held, held

to not agree to something until you have got what you wanted:

He held out for a bigger commission before signing the contract.

to wait for something better:

Consumers looking to buy new homes are holding out for better interest rates.

(Definition of “hold out for sth” from the Cambridge Business English Dictionary © Cambridge University Press)