Definitions of "retention"
  1. Retention refers to the process of maintaining or possessing something
  2. In insurance, retention can describe the part of a risk that an insurance company holds, without transferring it to another insurer or reinsurer
How to use "retention" in a sentence
  1. The company adopted a new retention policy to keep its best employees.
  2. A higher employee retention rate typically signifies a positive working environment.
  3. In his insurance policy, the retention clause required him to assume a portion of the risk.

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