Definition of Take or pay

1. Noun. (business) A take-or-pay contract; a take-or-pay provision in a contract. ¹

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

¹ Source: wiktionary.com

Lexicographical Neighbors of Take Or Pay

take on faith
take one's ball and go home
take one's best shot
take one's breath away
take one's chance
take one's chances
take one's eye off the ball
take one's hat off to
take one's leave
take one's lumps
take one's own life
take one's pick
take one's time
take one for the team
take or pay (current term)
take orders
take out
take out of context
take out the stops
take out the trash
take over
take pains
take part
take place
take point
take pride
take refuge
take responsibility
take revenge

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