1. to take in a small item so that it forms part of a larger one

    a business which has been absorbed by a competitor
    a small business which has been made part of a larger one
  2. to assign an overhead to a particular cost centre in a company's production accounts so that its identity becomes lost.

    See also absorption costing
Browse by Subjects
factory orders
overhead absorption rate
idle capacity
See All Related Terms »

International Commodities Clearing House
highly paid
non-price competition
intrinsic value
Theoretical value