hold

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hold,

v to possess by reason of a lawful title.
hold harmless clause,
n a contract provision in which one party to the contract promises to be responsible for liability incurred by the other party. Hold harmless clauses frequently appear in the following contexts: (1) Contracts between dental benefits organizations and an individual dental professional often contain a promise by the dental professional to reimburse the dental benefits organization for any liability the organization incurs because of dental treatment provided to beneficiaries of the organization's dental benefits plan. This may include a promise to pay the dental benefits organization's attorney fees and related costs. (2) Contracts between dental benefits organizations and a group plan sponsor may include a promise by the dental benefits organization to assume responsibility for disputes between a beneficiary of the group plan and an individual dental professional when the dental professional's charge exceeds the amount the organization pays for the service on behalf of the beneficiary. If the dental professional takes action against the patient to recover the difference between the amount billed by the dental professional and the amount paid by the organization, the dental benefits organization will take over the defense of the claim and will pay any judgments and court costs.
References in periodicals archive ?
The loyal troops who cheered for the best two teams in the nation throughout the season are left holding the bag for the big finale.
Where before business owners could expense the cost of equipment purchases with the Section 179 deduction, they are now left holding the bag.
If I allow sampling, and if the deal dies because the seller backs out (or reduces the purchase price), then I am left holding the bag.
But that means many colleges and universities don't -- and even among schools that do, each college's specific rules don't guarantee that students and their families won't be left holding the bag for some out-of-pocket expenses.
Indeed, although some businesses or financial institutions are now left holding the bag, it is significant that [unlike many fraud cases] Elmas stole from regular people," Golder said.
In other words, "I was certain that after I'd proclaimed the destruction of the city, you'd change your mind and I'd be left holding the bag.
And while elected officials might merely shrug this all off, it's the public employees left holding the bag.
When she's literally left holding the bag, Lady Georgiana finds all her skills challenged in one of the most demanding investigations of her career.
Now what we've been able to do is to try to prevent taxpayers from being the folks who are left holding the bag," he said.
According to TC, Senator Joe Manchin had recently warned that Americans will be left holding the bag on a valueless currency and called for either strict regulation or an outright ban on Bitcoin.
When a catastrophe happens, the insurance agent and his or her client are left holding the bag and the people who perpetrated the injustices will be pointing fingers and screaming the loudest.
Making movies in Greece these days is an odyssey, laments helmer Olga Malea, who was left holding the bag in June when the government pulled the plug on bloated pubcaster ERT.