Meaning of “retainer” in the English Dictionary

american-english dictionary

"retainer" in British English

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retainernoun [ C ]

uk /rɪˈteɪ.nər/ us /rɪˈteɪ.nɚ/

specialized law an amount of money that you pay to someone so as to be sure that that person can work for you when you need them to

old-fashioned a servant who has usually been with the same family for a long time:

a faithful old retainer

(Definition of “retainer” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"retainer" in American English

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retainernoun [ C ]

/rɪˈteɪ·nər/

an amount of money that you pay to someone in advance so that the person will work for you when needed:

He was on a $150,000 retainer from Lloyd's of London.

A retainer is also a device that holds something in place.

A retainer that you wear in your mouth helps to straighten your teeth.

(Definition of “retainer” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"retainer" in Business English

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retainernoun [ C or U ]

uk /rɪˈteɪnər/ us MANAGEMENT, HR

an amount of money that you pay to a lawyer, consultant (= someone paid to give expert advice or training), etc. in order to be sure that they can work for you when you need them to:

The firm retained White as a consultant, paying him a $5,000 retainer.
get/be on/receive a retainer Penn's firm is on a retainer of $15,000 to $20,000 per month.
An elite 15% of all headhunters are on retainer, reaping two-thirds of their pay up front.
an annual/monthly retainer

(Definition of “retainer” from the Cambridge Business English Dictionary © Cambridge University Press)