Definition of “take-up” - English Dictionary

business-english dictionary

“take-up” in British English

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take-upnoun [ S ]

uk /ˈteɪk.ʌp/ us /ˈteɪk.ʌp/

how much people start to use or accept a service, or sometimes a product, that has become available to them:

We are calling for government action to improve the take-up of state benefits.

(Definition of “take-up” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“take-up” in Business English

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take-upnoun [ U or S ]

also takeup uk us

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)