absorption
Definitions (5)
1. Accounting: Integration of an account (called absorption account) into related accounts in preparation of a financial statement.
2. Economics: Total expenditure by a country's households, businesses, and government on goods and services. Current account deficit (or surplus) occurs when a country's GDP exceeds (or falls below) its absorption level.
3. Management: Integration of change and innovation into an organization's culture and operations.
4. Materials: Process by which a fluid (gas or liquid) is captured and taken in by a solid or liquid material. See also adsorption.
5. Securities: Sale of an entire issue of securities by its underwriters. See also assimilation.
News containing the term absorption
Loading...
http://www.businessdictionary.com/definition/absorption.html
