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Definition of retainer noun from the Oxford Advanced American Dictionary

Academic

retainer

noun
/rɪˈteɪnər/ retainer pronunciation American
 
1 a sum of money that is paid to someone to make sure they will be available to do work when they are neededThe agency will pay you a monthly retainer.2 a device that keeps a person's teeth straight after they have had treatment with braces3 (old-fashioned) a servant, especially one who has been with a family for a long time