Pronunciation: (hōld'out"), [key]
1. an act or instance of holding out.
2. a person who delays signing a contract in hopes of gaining more favorable terms: The basketball star was a holdout until they offered more money.
3. a person who declines to participate, cooperate, agree, etc.: Aside from one or two holdouts, everyone contributed.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.