take-or-pay

Hello, you have come here looking for the meaning of the word take-or-pay. In DICTIOUS you will not only get to know all the dictionary meanings for the word take-or-pay, but we will also tell you about its etymology, its characteristics and you will know how to say take-or-pay in singular and plural. Everything you need to know about the word take-or-pay you have here. The definition of the word take-or-pay will help you to be more precise and correct when speaking or writing your texts. Knowing the definition oftake-or-pay, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
See also: take or pay

English

Alternative forms

Adjective

take-or-pay (not comparable)

  1. (business) Of a contractual obligation either to take delivery of contracted goods or services or to make a specified payment.