offtake

offtake
/awf"tayk', of"-/, n.
a pipe or passage for conducting smoke, a current of air, or the like, to an uptake or downtake.
[1870-75; after v. phrase take off]

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Universalium. 2010.

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  • Offtake — Off take , n. [Off + take.] 1. Act of taking off; specif., the taking off or purchase of goods. [Webster 1913 Suppl.] 2. Something taken off; a deduction. [Webster 1913 Suppl.] 3. A channel for taking away air or water; also, the point of… …   The Collaborative International Dictionary of English

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  • spot market — USA A commodities or securities market in which goods are sold under a purchase order or contract at the price prevailing at the time of the sale and delivered immediately. The purchaser is not obligated to acquire any additional goods or… …   Law dictionary

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