Answer:
I hold two meanings. With one I may be broken with the other I hold on.
Better touch me before you proceed to second. What am I?
Santa shakes his belly like a bowl full of me
Little Nancy Etticote in a white petticoat. With a red nose; the longer she stands the shorter she grows.
I lose my head in the morning and regain it back at night. What am I?
I am owned by Old McDonald.