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Take-Up Rate
(redirected from Take Up Rate)

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Take-Up Rate
The percentage of persons who are eligible for some benefit or compensation who take advantage of it. The take-up rate may refer, for example, to persons eligible for a portion of a class action judgment or persons who qualify for some government assistance. Due to lack of information and other reasons, it is virtually impossible for a take-up rate to approach 100% in most situations.


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