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What does on hold mean?

Looking for the meaning or definition of the word on hold? Here's what it means.

Prepositional phrase
  1. (idiomatic) Delayed; postponed; suspended.
  2. Waiting on a telephone call.
  3. On reserve; being held for someone.
  4. Pertaining to a telephone hold state.
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Examples
Businesses even need a licence to play music on their telephone line when customers are put on hold.
However for consumers, five minutes of waiting on hold, can undo years of advertising and brand exposure.
The white-out in and around the city caused match promoter Martin Witts to put the Barbican meeting between Jimmy White and Alex Higgins on hold.
Some high-tech companies rehired workers to complete projects put on hold last year.
The investment bank has put its flotation plans on hold because of the weak market and business conditions.
In effect, this means the roadworks programme has been put on hold until after the April meeting.

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