What context can I use each word in?
Learn when and how to use these words with these examples!
offtake
Example
The offtake of oil from the well has decreased due to declining reserves. [offtake: noun]
Example
The company has agreed to an offtake agreement with the supplier for the next five years. [offtake: noun]
Example
The offtake for the new product has been impressive, exceeding expectations. [offtake: noun]
withdrawal
Example
The withdrawal of troops from the region was met with mixed reactions. [withdrawal: noun]
Example
I need to make a withdrawal from my savings account to pay for the repairs. [withdrawal: noun]
Example
The company announced the withdrawal of the product due to low sales. [withdrawal: noun]
Good things to know
Which word is more common?
Withdrawal is more commonly used than offtake in everyday language. Withdrawal is versatile and covers a wide range of contexts, while offtake is less common and is typically used in business or economic contexts.
Whatโs the difference in the tone of formality between offtake and withdrawal?
Both offtake and withdrawal are formal words that are commonly used in business or economic contexts.
