Retention of clients or money is the process of ensuring that a policyholder remains a customer of the insurer or that money to be paid out remains in the insurer's accounts. You can use retention to mean the ability to keep or hold. If you have extraordinary powers of retention , you remember everything you hear or learn. In summary, "retention" is a multifaceted term that speaks to the act of maintaining, preserving , and holding onto something. Its specific meaning is nuanced by the context in which it's used, spanning diverse fields like business, education, medicine, and psychology. RETENTION definition: 1. the continued use, existence, or possession of something or someone: 2. the continued use…. Learn more.
