What is the part of a drill that holds the drill bit in place is called the ?

Answer

The part of a drill that holds the drill bit in place is called the chuck or the collet.

Q: What are the parts of a drill that are relevant to holding the drill bit in place? A: The chuck and the collet.
Q: What is the chuck? A: The chuck is a tightening mechanism that holds the drill bit in place. It is typically located at the tip of the drill.
Q: What is the collet? A: The collet is a sleeve that holds the drill bit in place. It is inserted into the chuck and then tightened to secure the drill bit.