absorption

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Related to Absorbtion: absorption costing, absorption coefficient

Absorption

1. The total demand for all goods and services in an economy. One calculates the absorption by adding the value of all goods and services produced and consumed locally to that of all imports.

2. A French term for acquisition.

absorption

the sharing of indirect costs or OVERHEADS to units of product by means of COST RATES. Provided that actual overheads do not exceed BUDGET and that actual output is the same as budgeted output, then the overhead cost rate should allow total product cost to be determined, and a selling price set which will recover the overhead costs involved in producing and selling the product. See STANDARD COST, OVERHEAD COST VARIANCE.
References in periodicals archive ?
Designed by a team of health care professionals, the Provide Total Care System uses super absorbent materials to provide maximum absorbtion, dryness, containment, odor elimination, comfort, convenience and security.
Furthermore, this section may contain some controversial covenants concerning periodic reporting requirements, net worth maintenance, responsibility for and absorbtion of losses relating to foreclosures, REOs and prepayments, payment of advances of principal, interest, taxes and insurance and certain fees.
Internal exposure control covers means of preventing ingestion, inhalation, or skin absorbtion of radioactive materials.
Proceeds from the sale of offsets go to people such as farmers, who follow practices that either reduce GHG emissions or increase natural absorbtion of GHGs from the atmosphere.
Dipeptidase activity and intensity of absorbtion of amino acid in the intestine of chickens fed on diets containing enzyme preparation.
This procedure leaves the plant clean and free to continue to grow by absorbtion of nutrients through not only the roots, but the leaves as well.
dagger]) Such linked events in the particles A and B can be radiation of a signal in one and its absorbtion in the other, for instance.
It also aids growth, calcium absorbtion and the production of antibodies.
This study also stated that there is a substantial variance in the amount of nicotine-dosing capabilities from product to product, with higher levels meaning a higher potential for nicotine addiction -- and absorbtion into the blood.
Absorbtion was the focus at the booth of Buckeye Absorbent Products, Memphis, TN.
In a survey for the programme, Nokia's 2110 phone was measured to be the worst culprit for radiation emission levels, dubbed Specific Absorbtion Rates (SAR).
The lab, equipped with an Atomic Absorbtion Spectrophotometer and equipment for fire assay analysis providing a wide range of analytical capabilities, is expected to be fully operational in short order.