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Home > QFINANCE Dictionary > Definition of absorbed account

Definition of

absorbed account

Accounting

account merged with related accounts an account that has lost its separate identity by being combined with related accounts in the preparation of a financial statement

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

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