Retain Law and Legal Definition

The word retain, depending on the context it is used has different meanings. It can mean the following:

1. 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.

2. To keep in possession or use.

3. 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.