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 ?
Computed tomography (CT) remains one of the most sensitive, widely available modalities to confirm hydrocephalus and assist with treatment planning (Figs 2 and 3).
Management of hydrocephalus secondary to intraventricular hemorrhage in the preterm infant with a subcutaneous ventricular catheter reservoir.
Experts say that if a hydrocephalus patient is left untreated, it inevitably results in the deterioration of the health of the patient by putting excess pressure on the brain, which causes headaches, blurred vision and, eventually leads to permanent brain damage.
Cataltepe said that no more than 10 medical centers in the United States have multidisciplinary hydrocephalus clinics such as the one at UMass Memorial.
Sensitivity and predictive value of occupational and physical therapy assessments in the functional evaluation of patients with suspected normal pressure hydrocephalus.
However, in our patient, there was no migration of the VP shunt tip, which remained in the abdominal cavity, and the CSF pseudocyst formation was probably due to inadequate CSF drainage, as evidenced by abdominal pseudocysts and hydrocephalus, following a micro-fracture of the VP shunt in the region of the breast, and subsequent slow seepage of CSF.
It was a Eureka moment, because we realized that LPA might help explain hydrocephalus.
Hydrocephalus is a condition in which there is an abnormal accumulation of cerebrospinal fluid in the ventricles, or cavities, of the brain.
She had a tumour in her head and hydrocephalus but is one of the kids who rarely gets upset.
Danny will take part in the gruelling race in a wheelchair to raise money and awareness for the Association for Spina Bifida and Hydrocephalus (ASBAH) and the National Association of Disabled Supporters (NADS).
The child suffers from a medical condition called congenital hydrocephalus -- an accumulation of fluid in the ventricles or cavities of the brain.