holdback

holdback, n. An amount withheld from the full payment of a contract pending the other party’s completion of some obligation, esp. to ensure that a contractor finishes the work agreed on beforehand. • The terms of a holdback are typically expressed in the contract. The device gives the contractor an incentive to finish the work, and the other party security that the work will be finished. — hold back, vb.

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法律翻译Grace，知名法学院法律翻译专业，擅长翻译有关传媒、体育和娱乐领域的法律文件。