(redirected from held fast)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.
Related to held fast: holdfast, steadfast


To maintain ownership of a security over a long period of time. "Hold" is also a recommendation of an analyst who is not positive enough on a stock to recommend a buy, but not negative enough on the stock to recommend a sell.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


1. To not sell. That is, to continue to own a security. See also: Buy-and-hold strategy.

2. A recommendation by an analyst to neither buy nor sell a security. An analyst makes a hold recommendation when technical and/or fundamental indicators show middling performance by a security. It is also called a neutral or market perform recommendation.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A securities analyst's recommendation to hold appears to take a middle ground between encouraging investors to buy and suggesting that they sell.

However, in an environment where an analyst makes very few sell recommendations, you may interpret that person's hold as an indication that it is time to sell.

Hold is also half of the investment strategy known as buy-and-hold. In this context, it means to keep a security in your portfolio over an extended period, perhaps ten years or more.

The logic is that if you purchase an investment with long-term potential and keep it through short-term ups and downs in the marketplace, you increase the potential for building portfolio value.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Phillips said those veteran insurance men taught him a valuable lesson that he has held fast to for nearly 25 years: "Have a beer with as many people in this business as possible."
Clegg's Liberal Democrats have held fast to Prime Minister David Cameron's Conservatives in vital areas such as economic policy but they disagree over issues ranging from Britain's role in Europe and its nuclear deterrent.
like a station upraised arm, quayside goodbye, held fast by toed claws
that it has downgraded Italy's government bond ratings dented the euro's strength slightly, but it held fast in the 102 yen zone, they added.
the holy month) as well as fresh meals and held fast breaking banquets for a
The tiny bird seems unaware of the predator closing in on its tail - until its legs are held fast in its talons.