What is another word for annual contract quantity?
Pronunciation: [ˈanjuːə͡l kˈɒntɹakt kwˈɒntɪti] (IPA) 
"Annual contract quantity" is a term typically used in manufacturing and procurement industries to refer to the agreed upon amount of goods or services that will be provided to a customer by a supplier in a year. There are a number of synonyms for this term, including annual volume commitment, annual commitment quantity, annual purchase obligation, annual minimum quantity, and annual supply commitment. These terms all refer to a similar concept, namely, the minimum or maximum amount of goods or services that will be provided to the customer by the supplier in a given year. Using these synonyms interchangeably can help to clarify communication between buyers and sellers, and ensure that both parties are clear on their obligations and expectations.
