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 ?
believes that this fusion will mean "the absorbtion, by each individual intelligence, of all other intelligences (that is, of the Universe) into its own.
Features a high-density forefoot and heel insole pads for shock absorbtion, reinforced top-stitching, and antibacterial lining.
The mixture was shacked for 30 seconds and the absorbance readings were determined after exactly 5 minutes of the reaction time, at the wavelength (X) with maximum absorbtion values for rutin as reference compound (establish in the Results and Discussions chapter).
Phytoremediation of heavy metals and study of the metal coordination by X-ray absorbtion spectroscopy, Coordination, Chemistry Reviews 249: 1797-1810.
In order to provide a sensible probe for the interference pattern, necessary for the aim of the experiment considered, we will suppose in the following idealized wires which conserve a finite absorbtion efficiency and this despite the absence of any geometrical transversal extension.
GERB's suggestion might merge as many as 79 of them to reduce the local government budget and to "increase the efficiency of regional EU-funds absorbtion.
The two easy pieces of this are the absorbtion characteristics of the brick and the temperature profile.
As the density increases, glass being more conductive than air enhances K (thus the second term) but at the same having more glass fibers means more absorbtion and scattering of radiation, and K decreases (thus the third term).
The online report by The Environmental Working Group has ranked 1,200 mobile phones on the basis of their radiation emissions, measured as specific absorbtion rate (SAR), in a bid to draw attention to the risks of using cell phones.
Csfkszentmihalyi's (1990) ideas about 'flow' are very pertinent in this context; indeed he specifically uses a musical example--playing jazz--as the epitome of flow: a state in which there is total absorbtion in the activity, there is direct and immediate feedback, the individual is in control and--crucially in the context of this discussion about accessibility on the one hand and development on the other--there is a balance between ability level and challenge.