holder condition: meaning, definition, pronunciation and examples
MediumFormal, Legal, Financial, Sporting
Quick answer
What does “holder condition” mean?
The state in which the rightful possessor of a document, ticket, or right finds themselves, often a prerequisite for exercising the associated rights or making a claim.
Audio
Pronunciation
Definition
Meaning and Definition
The state in which the rightful possessor of a document, ticket, or right finds themselves, often a prerequisite for exercising the associated rights or making a claim.
A specific status or stipulation applicable to the person in possession of a legal, financial, or contractual instrument, often requiring them to meet certain criteria to validate or use the instrument. In sports, it can refer to the position and rules applied to the player holding the ball for a place kick.
Dialectal Variation
British vs American Usage
Differences
Usage is largely identical across both variants, dictated by domain-specific jargon rather than regional preference. In sports contexts, the phrase is equally common in both regions.
Connotations
Neutral and technical in both variants. Carries formal, procedural connotations.
Frequency
Slightly more frequent in American legal and financial writing due to the volume of such documentation, but the difference is marginal.
Grammar
How to Use “holder condition” in a Sentence
The [document] is valid only if the holder condition is met.The agreement includes a holder condition regarding residency.Vocabulary
Collocations
Examples
Examples of “holder condition” in a Sentence
verb
British English
- The policy does not holder-condition the payout; it's unconditional.
- The rules clearly holder-condition the right of entry.
American English
- The contract holder-conditions the bonus on continuous employment.
- The offer holder-conditions the discount on membership.
adjective
British English
- The holder-condition clause was reviewed by solicitors.
- We must check the holder-condition requirements.
American English
- The holder-condition statement is in section 4B.
- A holder-condition analysis is necessary.
Usage
Meaning in Context
Business
Refers to clauses in bonds, shares, or coupons that specify what the holder must do to redeem them.
Academic
Used in legal studies regarding property law or contract law, analysing rights attached to documentary intangibles.
Everyday
Rare. Might be encountered in the fine print of tickets, warranties, or promotional vouchers.
Technical
In American football/rugby, refers to the rules protecting the player who holds the ball steady for a kicker.
Vocabulary
Synonyms of “holder condition”
Strong
Neutral
Weak
Vocabulary
Antonyms of “holder condition”
Watch out
Common Mistakes When Using “holder condition”
- Using 'holder's condition' (which could imply the holder's state of health). Confusing it with 'terms and conditions' in a general sense.
- Using it as a verb phrase, e.g., 'The bank holders condition the payout.' (Incorrect).
FAQ
Frequently Asked Questions
No, it is a specialised term used primarily in legal, financial, and specific sporting contexts. It is not part of everyday vocabulary.
No. The 'condition' here refers to stipulations or a state of affairs related to possession, not physical or medical state. Using 'holder's condition' might lead to that ambiguity.
The main risk is ambiguity. In legal documents, misinterpreting the holder condition could invalidate a claim or right. In general use, it may simply confuse the listener.
'Terms and conditions' is a broad, general contract. A 'holder condition' is a specific type of term that applies solely to the person in possession (the holder) of a specific document or instrument.
The state in which the rightful possessor of a document, ticket, or right finds themselves, often a prerequisite for exercising the associated rights or making a claim.
Holder condition is usually formal, legal, financial, sporting in register.
Holder condition: in British English it is pronounced /ˈhəʊl.də kənˈdɪʃ.ən/, and in American English it is pronounced /ˈhoʊl.dɚ kənˈdɪʃ.ən/. Tap the audio buttons above to hear it.
Phrases
Idioms & Phrases
- “Hold all the cards (related conceptually, but not directly)”
Learning
Memory Aids
Mnemonic
Imagine a ticket HOLDER at a gate; the CONDITION to enter is that they must be holding that specific ticket.
Conceptual Metaphor
POSSESSION IS A KEY; THE CONDITION IS THE LOCK.
Practice
Quiz
In which context is 'holder condition' LEAST likely to be used?