Retention
From ACT Wiki
1. Contracting.
An amount withheld, for example 5% or 10%, from payments due to a contractor, to ensure that the contractor properly completes all of the activities required under the contract, including any necessary remedial work.
Known in the US as retainage.
2.
A contractual delay in the passing of an ownership interest, for example retention of title.
3. Dividend policy.
Amounts of profits held within a business for future growth, rather than being distributed as dividends.
4. Staffing.
A measure of the extent to which staff remain employed for the longer term, rather than leaving to take other employments.
The inverse of staff turnover.
