Holding, or possession, refers to the physical control or ownership of an object or property. It signifies that an individual has the right to use, enjoy, or manage the item in question. This concept is fundamental in law, as it establishes who has authority over a particular asset. In legal terms, holding can be classified into different types, such as actual possession, where a person physically has the item, and constructive possession, where a person has control over an item without direct physical custody. Understanding possession is crucial in various contexts, including property law and personal rights.