"This demonstrates that institutional holders will be acting more like very active, real owners," he said.

The holder of the post does not act to censor, edit or otherwise control the content of the newspaper.

In addition to the privileges of the CPL, the holder of an Airline Transport Pilot Licence may act as the commander of a multi-crew aircraft under IFR.

"Essentially, the holder of the job will act as a strong, nonoperating chairman of two companies lodged under one corporate roof," he said in the report.

Its holder was usually a eunuch, and acted as the grand chamberlain of the palace, wielding considerable authority and influence.

He was the last white President of Rhodesia (later holders of the post were only acting as such).

The holder of the dominant estate acted in such a way that would have a reasonable person to believe that the covenant was abandoned (estoppel).

No sea- holder would act that way!

Why do holders of high office so often act contrary to the way reason points and enlightened self-interest suggests?

Perhaps that tends to keep managers more cautious, fearing that the large holder may act.