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 ?
MUSTANG Q membrane using a proprietary polyethersulfone formulation provides low, nonspecific protein absorption, which helps enhance performance and efficiency for specific chromatography processes, such as the purification of antisense oligonucleotides.
The impact of soy nut use in individual women was variable, probably because of the highly variable rate of soy protein absorption among individuals, Dr.
Moreover, the intercellular junctions of the mucosal epithelia provide a mechanical barrier to protein absorption. Therefore the bioavailability of insulin is not high when administered via the oral route.