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take-up

   Also found in: Dictionary/thesaurus 0.01 sec.
take-up
Machinery the distance through which a part must move to absorb the free play in a system

take-up
Any device or mechanism for taking up slack.


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They say take-up of the scheme has been minimal, with the handful of workers who have expressed interest ending up leaving the council to pursue their business ideas.
Simon Reynolds, partner at GVA Grimley in the North West, said: "The future is looking positive for the North West, take-up is at its highest since GVA Grimley started to monitor the market in 1995, a very encouraging statistic in a period of continued anticipated demand in growth.
There is no mention in the prospectus of Lehman having any obligation to take-up unexercised rights.
 
 
 
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