take or pay

listen to the pronunciation of take or pay
English - English
A contractual obligation either to take delivery of contracted goods or services or to make a specified payment
A take-or-pay contract; a take-or-pay provision in a contract
Of a contractual obligation either to take delivery of contracted goods or services or to make a specified payment
take or pay

    Turkish pronunciation

    teyk ır pey

    Pronunciation

    /ˈtāk ər ˈpā/ /ˈteɪk ɜr ˈpeɪ/

    Etymology

    [ 'tAk ] (verb.) before 12th century. Middle English, from Old English tacan, from Old Norse taka; akin to Middle Dutch taken to take.
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