It holds its fire (7)

I believe the answer is:

cresset

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'it holds its fire' is the definition.
The definition suggests a singular noun which matches the answer.

This is all the clue.

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(Other definitions for cresset that I've seen before include "Old torch" , "Old form of illumination" , "Strange secrets of the beacon" , "Fuel container" , "Flaming torch" .)

I've seen this clue in The Globe and Mail.

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