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key offtake

 

Definitions from the Web

Term: Key Offtake

Description:

Key Offtake refers to the significant or primary quantity of a particular product or resource that is purchased or consumed by a specific entity or market.

Sample Sentences:

As a noun:

1. The key offtake of oil from that region is essential for the country's energy needs.

2. The company has secured the key offtake of rare minerals for their manufacturing process.

As a verb:

1. The local farmers are key offtakers of the organic produce from nearby suppliers.

2. The supermarket chain negotiated key offtake agreements with local vendors.

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