It also refers to an instrument that can only be held by the original holder and can not be used as mortgage or traded or transferred as mortgage.

也指金融工具只能由初始持有者所有而不能用作抵押品或作为抵押品交易或转让。

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The original draft settlement would have given Google sole authority over "orphan works", or out-of-print books whose copyright holder cannot be found.

在和解协议初稿中，Google独家享有处理“孤儿作品”（译注：orphan works，孤儿作品是指享有版权但很难、甚至不能找到其版权主体的作品）以及无法找到版权主人的绝版图书的权力。

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This allows the original holder of the asset, or originator, to sell assets that it previously could not, while also moving risk off its books.

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That done, the original account holder is locked out.

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Mr. Holder could have let the original 1996 Justice Department recommendation against clemency stand.

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