Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “absorption costing”

absorption costing

noun [U]
(also full costing)
ACCOUNTING a method of calculating the cost of a product where all fixed costs (= costs that are the same each month) are included → Compare marginal costing
(Definition of absorption costing from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of absorption costing?
Add Cambridge dictionaries to your browser to your website

Word of the Day


to press something quickly and quite hard between two objects, especially sharp objects such as teeth or nails

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More