The term 'Period of Holding' is often used in the context of TENURE, which is a six-letter word. TENURE is a system of job security that is granted to certain employees, usually in the academic or professional fields, after a period of successful performance. It is a form of job protection that allows an employee to remain in their position for a set period of time, regardless of changes in management or other circumstances. The Period of Holding is the length of time that an employee is allowed to remain in their position before their TENURE is reviewed and potentially revoked.