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English definition of “take-up”

take-up

noun [U or S] (also takeup)
 
 
COMMERCE the degree to which people start to buy or use a product or service that has become available: It is hard to know what the take-up of the new flat-rate service will be. It's been a raging success, with more than 90% take-up. The group's recent rights issue is suffering from a low take-up rate.high/low/poor take-up Part of the reason for the poor take-up may be that people will have to disclose very personal details.
(Definition of take-up from the Cambridge Business English Dictionary © Cambridge University Press)
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