No Holds Barred is a term used to describe a situation in which there are no restrictions or limitations. It is often used to describe a situation in which people are free to do whatever they want without any consequences. The phrase is commonly used in sports, such as wrestling, where competitors are allowed to use any move or technique to win the match. It can also be used to describe a situation in which people are free to express themselves without fear of judgement or criticism. No Holds Barred is a phrase that encourages people to take risks and push boundaries in order to achieve their goals.