offtake Synonyms
No Synonyms and anytonyms found
offtake Meaning
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
- 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.
- The increase in offtake demand has led to a surge in the price of the commodity.
- The offtake agreement includes provisions for quality, delivery, and payment terms.
- The project's offtake agreements provide long-term revenue streams for the investors.
- The offtake contract protects the producer from volatile market prices.
- The offtake agreement outlines the responsibilities of both the buyer and seller.
- 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.