retentionre·ten·tion /rɪˈtenʃən/ noun1[uncountableU]HUMAN RESOURCES when workers stay with a company rather than taking a job with another employerWe have detected a definite improvement inemployee retention.
The assisted vacation scheme is an effective recruitment and retention tool in the competitive Silicon Valley job market.
2[uncountableU] when you keep something or continue to have itthe retention of documents by the court
the retention of strict disciplinary rules on the shop floor
3[countableC]ACCOUNTINGFINANCE an amount of money that will not be paid to someone doing work such as building until the work has been completed in a satisfactory wayIn the event of the sub-contractor failing to complete the initial work or failing to rectify any defective workmanship, the retention would not be released.