Candle that a person holds (5)
I believe the answer is:
taper
'candle' is the definition.
('taper' can be a synonym of 'candle')
'that a person holds' is the wordplay.
'holds' indicates the answer is hidden within the clue.
'TAPER' can be found hidden inside 'that a person'.
(Other definitions for taper that I've seen before include "Gradually become thinner" , "On VHS he recorded" , "See the light" , "One might record" , "Get to the point" .)