Absorb

Business, Legal & Accounting Glossary

Definition: Absorb


Quick Summary of Absorb


To assimilate or incorporate amounts in an account or group of accounts so that they are absorbed and lose their identity.



What is the dictionary definition of Absorb?

Dictionary Definition


  1. transitive To include so that it no longer has separate existence; to overwhelm; to cause to disappear as if by swallowing up; to incorporate; to assimilate; to take in and use up.
  2. transitive, obsolete To engulf, as in water; to swallow up.
  3. transitive To suck up; to drink in; to imbibe; as a sponge or as the lacteals of the body; to chemically take in.

In accounting to absorb means to assimilate or incorporate amounts in an account or group of accounts so that they are absorbed and lose their identity.


Synonyms For Absorb


consume, absorbing, engross, assimilate, take in

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/absorb/
Modern Language Association (MLA):
Absorb. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 05, 2020 https://payrollheaven.com/define/absorb/.
Chicago Manual of Style (CMS):
Absorb. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/absorb/ (accessed: July 05, 2020).
American Psychological Association (APA):
Absorb. PayrollHeaven.com. Retrieved July 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/absorb/

Definition Sources


Definitions for Absorb are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th January, 2020 | 1 Views.