HomeDefinitionsCompareDebt Take or pay contractThe financial definition for Take or pay contract:An agreement that obligates the purchaser to take any product that is offered (and pay the cash purchase price) or pay a specified amount if the product is not taken. Similar MatchesBank Investment Contract (BIC)Bank Investment Contract (BIC)Interest guaranteed by the bank in a Interest over a specific time frame with a specific Interest. Bullet contractBullet contractA guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract. Cash settlement contractsCash settlement contractsFutures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying. Further SuggestionsCommodity futures contractConditional sales contracts Contract Contract month Contractual Claim Contractual Intermediary Contractual plan Click to compare definitions of Take or pay contract Click to view definitions beginning ta |