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LSDefine

Simple English definitions for legal terms

absorption

Read a random definition: PO. SE

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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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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