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Absorb definition

Question
What is the definition of "absorb"? 
Answer
In a business financial application, absorb means to take on associated costs. For example, to absorb overhead costs, on a prorated based, that are part of the cost of a product.

It may also be used as a term of acceptance. For example, to satisfy a customer, a business may agree to absorb (accept) extra costs without a price or contract increase. 
Brain Trust contributor: Author of Instant Profits: Making Your Business Pay
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