Define: Absorption

UK Accounting Glossary

Definition: Absorption


Quick Summary of Absorption




What is the dictionary definition of Absorption?

Dictionary Definition


An accounting process used in absorption costing in that the overhead of an organisation is borne by the production of that organisation by the use of absorption rates.


Full Definition of Absorption




Absorption FAQ's



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https://payrollheaven.com/define/absorption/
Modern Language Association (MLA):
Absorption. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 22, 2019 https://payrollheaven.com/define/absorption/.
Chicago Manual of Style (CMS):
Absorption. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/absorption/ (accessed: July 22, 2019).
American Psychological Association (APA):
Absorption. PayrollHeaven.com. Retrieved July 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/absorption/

Definition Sources


Definitions for Absorption are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th January 2019.