Definition of fundholding noun from the Oxford Advanced Learner's Dictionary

 

fundholding

 noun
noun
BrE BrE//ˈfʌndhəʊldɪŋ//
 
; NAmE NAmE//ˈfʌndhoʊldɪŋ//
 
[uncountable]
 
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a system in Britain in the 1990s in which the government gave GPs (= family doctors) an amount of money with which they could buy some hospital services