Retain Law & Legal Definition
The word retain, depending on the context it is used has different meanings. It can mean the following:
- To hold secure or intact or keep for future use or application. For example the landlord retained the security deposit; right of reacquisition was retained by the grantor etc.
- To keep in possession or use.
- To hire, or arrange in advance for the services of, to employ by paying a retainer. For example Mr. A retained Mr. Mason as his lawyer.
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