absorption


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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 ?
RUSSIA III-38 Market Analysis III-38 Table 38: Russian Recent Past, Current & Future Analysis for Absorption Chillers Analyzed with Annual Sales Figures in US$ Thousand for Years 2010 through 2018 2018 2018 (includes corresponding Graph/Chart) III-38 Table 39: Russian Historic Review for Absorption Chillers Analyzed with Annual Sales Figures in US$ Thousand for Years 2004 through 2009 (includes corresponding Graph/Chart) III-39
Large blocks of availability, once a major problem for this small company market, continued to diminish despite a noticeable dropoff in relocations and the complete absence of a mega-transaction, though the return of 625,000 SF of space at Altria Group's former headquarters in Rye Brook dragged down the market somewhat, and lead to negative absorption countywide for the year.
The opening chapter covers the engineering background to energy absorption and the general requirements for impact energy absorbers based on the theory of plasticity and impact dynamics.
Altogether, net absorption in Fairfield County reached 287,240 SF thus far this year, though that number was significantly lower than the 589,810 SF of positive absorption in the same nine months of last year.
Net absorption of industrial space in the 57 markets tracked should be 251.
Serving more than 250 different customers annually throughout the globe, and with over 110 employees based in facilities in Exton, PA, San Diego, CA, and Panama City, Panama, Absorption Systems is a global leader in contract research for the life sciences industry.
8 million square feet of positive absorption through mid-year, both of which rank first among suburban markets.
Ismael Hidalgo, Chief Scientist of Absorption Systems, commented that, "This work helps explain some historical results that have always been somewhat puzzling.
Ismael Hidalgo, Chief Scientist of Absorption Systems, commented that "We are pretty excited about this line of research, which seems to be leading us in a surprising direction.
This, in turn, cut year-to-date absorption to negative 309,400 s/f--half of its first quarter level.
Aegis' Intravail(TM) absorption enhancement agents are mild and non-irritating to mucosal membranes, providing exceptionally high and unmatched bioavailability performance, comparable in efficiency to subcutaneous injection via the intranasal, oral, and other mucosal membrane administration routes.