1. offtake - Noun
2. offtake - Verb
offtake (third-person singular simple present offtakes, present participle offtaking, simple past offtook, past participle offtaken)
(obsolete) To take off; take away.
A point or channel of drainage or off-flow; offlet.
(mining) The removal of oil (or an industrial chemical) from a storage facility.
An act of taking off; specifically, the taking away or purchase of goods.
Something taken off; a deduction.
Source: en.wiktionary.orgDuring FY20, CIL’s offtake was down by a little over 4 per cent to 581.73 mt as against 608.14 mt in the same period last year. Source: Internet
Despite market challenges, the business grew ahead of the market as Gillette achieved its highest-ever share and strong offtake growth,” Gillette India Managing Director Madhusudan Gopalan said. Source: Internet
Any by-product credits from contained Cu and co have been assumed to be incorporated into the payability, based on advice from POs following discussions with potential offtake partners. Source: Internet
“Real estate developers are facing a funding crunch and the offtake is still anaemic, which could pressure lenders whose large part of books are moving out of moratorium,” the firm said. Source: Internet
The cement industry is reported to have witnessed a good offtake, including some strong positive growth in certain regions during June. Source: Internet
The offtake was 14 tonnes. Source: Internet