Take Or Pay,
Take Or Pay means,
Take or pay is a contractual agreement under which one of the parties is obliged to accept the supply of goods or to pay a certain amount. Buying and selling agreements benefit buyers and sellers by sharing the risk and can benefit society by facilitating trade and reducing transaction costs.
- The tech or salary in a sale or contract is a kind of clause that guarantees the seller that if the buyer fails to buy the full amount of the agreed goods, he will pay the seller a minimum of the agreed payment. ۔
- Purchase or payment agreements can be found in the energy sector, where indirect costs are higher.
- Wage settlements generally benefit buyers, sellers and the economy, facilitating the risk of indirect investment and facilitating trade that would not otherwise be possible.
Literal Meanings of Take Or Pay
Meanings of Take:
Hold (something) with your hands.
Remove (someone or something) from a specific place.
Take it or take it with you by car.
Receiving or receiving (someone or something)
Consumption in the form of food, drink, drugs or narcotics.
Do, perform or perform (an action or task)
Need or use (fixed term)
Let yourself be fascinated or fascinated.
Root or germination begins (from plants or seeds)
Sentences of Take
He bent down to take her hand
He took the envelope from his inside pocket
Get a folder with photos
Recommended to accept any job offered
Take an aspirin and lie down
Lucy took a deep breath
It took the jury an hour and a half to convict McPherson
The cat loves it
Synonyms of Take
enchant, entrance, discharge, perform, take up, scene, win over, catch, attract, fulfil, get into one's hands, run on for, continue for, ferry, remove, cart, bear, draw, haul, bag, extract, move, go on for, beguile, segment, pull, carry out, carry, convey
Meanings of Or:
A boolean operator that values one or more operas (or inputs) and a value of one zero.
Used to add alternatives.
Enter a synonym or explanation for the previous word or phrase.
Other (used to show results of do's and don'ts)
Reflect in the form of questions in general.
Gold or yellow, in heraldic colors.
Sentences of Or
A cup of tea or coffee
Spy novels or, as experts say, thrills
Hurry up or you will lose everything
John's indifference, right? - Makes you uncomfortable
The only way to know God or man is through love
Synonyms of Or
or else, or, if not
Meanings of Pay:
Attribute (someone) to the amount owed for your work, the goods received, or the loan.
Facing any loss or other misfortune as a result of an action.
Give (someone) (attention, respect or admiration)
Someone is paid money for a permanent job.
On the fish (wooden deck or vibrating liner) or with tar to prevent leakage.
Sentences of Pay
Pay locally to collect coffee beans
They pay the price for your impatience
No one pays attention to them
Those who work under contract may receive higher wages.
Synonyms of Pay
take-home pay, make atonement, render, reward, take one's medicine, hand out, settle up with, reimburse, pay the price, be punished, tip, extend, net pay, afford, grant, offer, suffer the consequences, bestow, get one's deserts, give, wages, present, suffer, payment