The term "policyholding" refers to the act of holding a policy, which means having an agreement with an insurance company to provide coverage for certain risks. However, there are several synonyms that can be used interchangeably with this term. These include policy ownership, insurance ownership, policy possession, insurance possession, policy control, insurance control, policy authority, and insurance authority. All of these terms describe the state of having a policy with an insurance company and being responsible for the premiums and benefits associated with that policy. They are useful for discussing insurance-related topics in a more precise and varied way.