Retention
/rɪˈtɛnʃən/
Definitions
- (n.) The act of keeping possession of something or continuing to have it.
The company implemented a new data retention policy.
- (n.) The right or power to continue employing or holding something, especially in legal or contractual contexts.
The lease includes a retention clause that protects the tenant’s rights.
Related terms
See also
Commentary
In legal drafting, specify the duration and conditions of retention to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.