TAKE OR PAY AGREEMENT Definition

Bookmark and Share

TAKE OR PAY AGREEMENT is where a buyer must pay for the contracted amount of the contracted item(s) delivered whether or not he/she can take delivery.

Learn new Accounting Terms

ADF, in invoicing, is After Deducting Freight.

REG S see REGULATION S.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.