offtake Synonyms

No Synonyms and anytonyms found

offtake Meaning

Webster

offtake (n.)

Act of taking off; specif., the taking off or purchase of goods.

Something taken off; a deduction.

A channel for taking away air or water; also, the point of beginning of such a channel; a take-off.

offtake Sentence Examples

  1. The company's primary focus is on increasing its offtake from the copper mine.
  2. The government has negotiated a higher offtake price for the country's natural gas.
  3. The offtake agreement specifies the quantity of product that the buyer will purchase over a certain period.
  4. The company's offtake strategy involves diversifying its customer base to reduce risk.
  5. The increase in offtake demand has led to a surge in the price of the commodity.
  6. The offtake agreement includes provisions for quality, delivery, and payment terms.
  7. The project's offtake agreements provide long-term revenue streams for the investors.
  8. The offtake contract protects the producer from volatile market prices.
  9. The offtake agreement outlines the responsibilities of both the buyer and seller.
  10. The company's offtake volume has reached a record high due to strong market conditions.

FAQs About the word offtake

Act of taking off; specif., the taking off or purchase of goods., Something taken off; a deduction., A channel for taking away air or water; also, the point of

No synonyms found.

No antonyms found.

The company's primary focus is on increasing its offtake from the copper mine.

The government has negotiated a higher offtake price for the country's natural gas.

The offtake agreement specifies the quantity of product that the buyer will purchase over a certain period.

The company's offtake strategy involves diversifying its customer base to reduce risk.