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offtake

 

Definitions from the Web

Term: offtake

Noun:

Definition: The quantity or amount of a product or resource that is taken or consumed.

Example sentence: The offtake of renewable energy has increased significantly in recent years.

Example sentence: The company's offtake agreement ensures a steady supply of raw materials for their production.

Related products: Offtake agreements, Renewable energy offtake

Verb:

Definition: To take or consume a product or resource.

Example sentence: The manufacturing plant offtakes a significant amount of water from the nearby river.

Example sentence: Farmers offtake crops from their fields to sell them at the market.

Related products: Offtake agreements, Water offtake

Adjective:

Definition: Relating to or indicating the popular or local demand for a product or resource.

Example sentence: The company's marketing strategy focuses on meeting the offtake demand of the local community.

Example sentence: The hotel's menu includes a variety of dishes to cater to the offtake preferences of different cultural groups.

Related products: Offtake agreements, Market offtake demand

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