Translation:A holder for a candle is a candle holder.
Indeed, it has both meaning. ReVo ( http://www.reta-vortaro.de/cgi-bin/sercxu.pl?sercxata=ingokadroj=1 ) gives this definition: Objekto, kiu servas por surkovri, ŝirmi alian objekton parte enigitan en ĝi (object which is used to cover, shelter, … another object partly plugged in it).
In general, Esperanto compounding words (all these two or three letters words whose goal is clearly to be used compounded with others) are quite vague in meaning: it’s their attached word which gives most of it ☺
Technically, a light socket is not a socket for light, but for a light bulb. Personally, I would like to think that Esperanto employs a more direct, less idiomatic approach, and translates it accordingly as "ampolingo", rather than "lumingo", and I think "ampolingo" is indeed the common term.
Ok, I'm a bit embarrassed. Thanks, you are so right. I've never screwed light into a light socket. That explains why I can't find "lumingo" in my dictionary. Thanks for the 'ampolingo'.
You're welcome, and no need to be embarrassed: We are all trapped within the confines laid on our thought by our mother tongues. Escaping them is a worthy challenge (and part of what makes learning a foreign language so interesting).