offtake

American  

[awf-teyk, of-] / ˈɔfˌteɪk, ˈɒf- /

noun

1. a pipe or passage for conducting smoke, a current of air, or the like, to an uptake or downtake.

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Etymology

Origin of offtake

First recorded in 1870–75; after verb phrase take off

Example Sentences

Qatar also works with joint venture partners External link, who invest in its liquefaction plants and offtake some volumes.

From Barron's

Yet prospective buyers of fusion power have become optimistic enough to start singing offtake deals.

From The Wall Street Journal

AGL’s retention of a 0.1% interest in Tilt fits with a continued strategic partnership featuring offtake agreements, he says.

From The Wall Street Journal

“While we acknowledge near-term share price volatility, the strategic implications of AU-U.S. critical mineral discussions—especially around non-China-aligned offtake and federal support—could materially enhance ILU’s investment case,” the analysts say in a note.

From The Wall Street Journal

Lithium America’s joint venture partner is General Motors, which will permit the project to enter into additional third-party offtake agreements for volumes not purchased by GM.

From Barron's