When someone is wrong or says a dumb comment.

“Yeah you can Hold It”
“Hold It”
“Hold that L”

in gimme my gots she says hold it as in your bending down waiting for a boy to come hump/fuck you

It Is To Hold The Sayer Nuts

A phrase used on the phone to hang up or put the other person on hold for an little amount of time. It indicates that they are going to call back.

To have drugs to sell

Holding in a piss or a shit, often on a road trip. A necessary life skill.

Possessing drugs for available for sale.