Definition of offtake in English:

offtake

Line breaks: off|take
Pronunciation: /ˈɒfteɪk
 
/

noun

[mass noun]
The removal of oil from a reservoir or supply.
More example sentences
  • The main reasons for this jump are two: increased sales volumes and less upliftment from Reliance Industries Ltd, pending finalisation of its product offtake agreement with Indian Oil.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day impudicity
Pronunciation: ˌɪmpjʊˈdɪsɪti
noun
lack of modesty