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
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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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