Top Definition
The unofficial name for the biggest pennant-chase collapse in MLB history - when the Philadelphia Phillies, ahead by 6.5 games with 12 games left to play in the 1964 season, proceeded to lose 10 straight games and ultimately end up in third place, therefore missing thew World Series that they were destined to make.

"Phold" comes from the portmanteau of Phillies and the word Fold.
When talking about notable collapses, there was obviously the Yankees in the 2004 ALCS, as well as the Phold of 1964 and the Mets collapse in 2007.
by StoleniPod February 08, 2011

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