Speakur

Word Pronunciation & Dictionary

tolling agreement

Word Rarity Rare

Frequency: Zipf frequency 2.66 in modern English

Syllables
tolling a-gree-ment
IPA
20
Scrabble Score
16
Letters
3
Syllables
10
Unique Chars

Meaning

noun

An agreement by a toller with an owner of raw materials to process the raw material for a specified fee ("toll") into a product with the raw material and the product remaining the property of the provider of the raw material. E.g. converting fuel into electricity at a certain price.

noun

An agreement to deliver a specified amount of raw material per period through a particular processing facility.

noun

An agreement that has the effect of tolling or suspending the course of a fixed period of time, as a statute of limitations.

Example Sentences

Etymology

From tolling (“charging a fee”) + agreement.

Inflected Forms

tolling agreements (plural)

Synonyms

standstill agreement

Questions

What does tolling agreement mean?
An agreement by a toller with an owner of raw materials to process the raw material for a specified fee ("toll") into a product with the raw material and the product remaining the property of the provider of the raw material. E.g. converting fuel into electricity at a certain price.
Where does tolling agreement come from?
From tolling (“charging a fee”) + agreement.

How to pronounce tolling agreement

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