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Simple English definitions for legal terms

absorption

Read a random definition: former jeopardy

A quick definition of absorption:

Absorption: Absorption is the process of taking something in and making it a part of something else. This can happen when one country becomes a part of another, or when a company merges with another company. In real estate, absorption refers to how quickly property is being leased or sold. In some cases, a manufacturer may pay for the shipping costs of their products to be sold by a reseller, which is called freight absorption.

A more thorough explanation:

Definition: Absorption is the process of including or incorporating something into something else. It can also refer to the application of rights guaranteed by the U.S. Constitution to actions by the states, the merger of one nation into another, a provision allowing seniority for union members in a postmerger collective-bargaining agreement, the rate at which property will be leased or sold on the market at a given time, or a sales method by which a manufacturer pays the reseller's freight costs.

  • When a sponge soaks up water, it is an example of absorption.
  • After the Civil War, the U.S. Constitution's rights were absorbed by the states.
  • When one country is taken over by another, it is called absorption.
  • In a postmerger collective-bargaining agreement, a provision allowing seniority for union members in the resulting entity is called absorption.
  • The absorption rate of a property is the rate at which it will be leased or sold on the market at a given time.
  • When a manufacturer pays the reseller's freight costs, it is called absorption or freight absorption.

These examples illustrate the different meanings of absorption. The first example shows absorption as a physical process, while the other examples show absorption as a legal or commercial process. In each case, something is being incorporated into something else.

absorbable risk | absque

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My crypto also flows in 5 day epochs too.
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what do you do with your days as an unemployed crypto guy? do you play an instrument or something
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please lawd
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forgive me
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its time to go back to tha old me
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this is what i feel like when i get one single drill question right
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when u get one wrong ;(
therapist slander detected
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20:37
Anyone got any polymarket locks
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Is anyone in here cool like fr cool
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Like watch college football cool
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Or like
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20:38
Frat
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20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
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20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
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20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
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20:54
I like Dean Z not sure why she gets slandered sometimes
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20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
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okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
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sorry new to dis
You can calculate it here
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