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English definition of “absorption”


noun [U]     /əbˈzɔːpʃən/
a situation in which an organization pays the cost of something: We can justify the company's absorption of higher manufacturing costs .
FINANCE a situation in which one company gets control of another so that they become one company : Reports confirmed the absorption of Kode's operations into DCM 's offices .
→ See also carbon absorption
(Definition of absorption noun from the Cambridge Business English Dictionary © Cambridge University Press)
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