Definition of "offtake" in Englisch

verb

1. (transitive) To take off; take away, remove.

2. (finance, transitive) To take out or remove commodities from a market, usually through purchasing them.

noun

1. A point or channel of drainage or off-flow; offlet.

2. (mining) The removal of oil (or an industrial chemical) from a storage facility.

3. An act of taking off; specifically, the taking away or purchase of goods.

4. Something taken off; a deduction.