IPA: /ˈhoʊldər/
KK: /ˈhoʊldər/
A person or device that keeps or supports something in place, such as a towel or a legal document.
She placed the towel on the holder after drying her hands.
Holder → It is formed from "hold" (from Old English "holdan", meaning to grasp or keep) and "-er" (meaning a person who). The word "holder" refers to a person or thing that holds or keeps something.
Think of someone who 'grasp' ('holdan') something — that's why a holder is a person who holds.