Definition of Absorption

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Absorption -- 1. An economic term for the total expenditures by a nation's residents on goods and services.

2. The assumption by one carrier of the charges of another without any increase in the charges to the shipper.

another definition...

Absorption -- the total demand of an economy for goods and services both from within and without



another definition...

Absorption Rate -- The anticipated rate at which property in real estate is likely to be sold or leased in a specific location.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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