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English definition of “hold out for sth”

hold out for sth

phrasal verb with hold     /həʊld/ 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)
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