What is the meaning of ABSORB?

To assimilate, transfer or incorporate amounts in an account or a group of accounts in a manner in which the first entity loses its identity and is "ABSORBed" within the second entity. For example, See ABSORPTION COSTING.

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APABarry Goldsmith. (2010). absorb. Retrieved September 20, 2026, from http://smartdefine.org/absorb/definitions/1146930
ChicagoBarry Goldsmith. 2010. "absorb" http://smartdefine.org/absorb/definitions/1146930 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, absorb, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/absorb/definitions/1146930>.
MLABarry Goldsmith. "absorb" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/absorb/definitions/1146930>
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