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Home > QFINANCE Dictionary > Definition of absorb

Definition of

absorb

Accounting

merge production overhead costs to assign an overhead to a particular cost center in a company's production accounts so that its identity becomes lost.

Related definitions of "absorb"

Definitions of ’absorb’ and meaning of ’absorb’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’absorb’ and other financial terms with our online QFINANCE Financial Dictionary.

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