absorb
absorb definition - business
absorb
- To allocate costs.
- To offset sell orders on a new security offering with buy orders.
- To accept certain expenses rather than pass them on to a customer. For example, a manufacturer might absorb freight costs for shipments to customers.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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