withholding

Vocabulary Word

Definition

'Withholding' means to keep back or refrain from giving or revealing something. This could be information, money, permission, or anything else that has been asked for but not given.

Examples in Different Contexts

In international trade, 'withholding' of goods is a strategic measure. A trade analyst might assert, 'Strategic withholding of commodities can influence market prices, affecting supply chains, trade balances, and international relations.'

Practice Scenarios

Business

Scenario:

Employees are asking questions about their take-home salary. I believe they might be confused about the deductions.

Response:

I think it's important we explain the concept of tax withholding to the employees to clear their confusion.

Tech

Scenario:

We've been getting reports of irregular activity on the network. Let's reconsider our data access policies.

Response:

Indeed, as a preventive measure, we could consider withholding access to sensitive data until we fix the issue.