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
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idle capacity
overhead absorption rate
factory orders
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chart of accounts
short term debt ratio
limit on close (LOC)
Underlying security
original issue discount (OID)