Is phrase "held a phone call" means received a phone call or made a phone call?
To hold a phone call usually means to organise a phone call in advance. (or usually a phone conference, maybe with speakerphones on either end, possibly even arranged by underlings). It's usually a slightly more formal occurrence than the phoning of somebody initiated by one side - you might agree to ring your kids teacher about their behaviour at lunchtime for instance.
If you google "hold a phone call" you will see lots of examples of world leaders agreeing to "hold a phone call" to discuss political issues.
It doesn't really matter who actually dials the other first in this instance.
So the past tense held a phone call just refers to a phone call that happened in the past
The US and Iranian Leaders held a phone call to discuss rising tensions in the area
In my mind, associating "hold" and "phone call" means that a phone call is temporarily suspended, until one of the speakers does something else.
to put on hold = waiting to be connected while making a telephone call (Google definition)
to have a phone call = to talk on the phone; not known who made the call;
to make a phone call = to dial a number and talk when the other person answers;
to receive a phone call = to answer the phone when it is ringing.