The term 'is HOLDING' can be broken down into two words, 'is' and 'HOLDING'. The word 'is' is a verb that is used to describe the state of something. It is often used to describe the present tense of a situation. The word 'HOLDING' is a noun that refers to the act of keeping or possessing something. It can also refer to the act of maintaining control over something. In this context, the phrase 'is HOLDING' could be used to describe someone who is in possession of something or is in control of a situation.