The term 'Cravat Holder' can be broken down into two parts: 'Tiepin' (6 letters) and 'TIE' (3 letters). A cravat holder is a device used to secure a necktie in place. It consists of a tiepin, which is a small metal pin that is inserted through the fabric of the TIE, and a TIE, which is a piece of cloth worn around the neck and tied in a knot at the front. The tiepin helps to keep the TIE in place and prevents it from slipping off the wearer's neck. The tiepin also adds a decorative touch to the outfit.