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LSDefine

Simple English definitions for legal terms

freight absorption

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A quick definition of freight absorption:

Freight absorption: When a manufacturer pays for the cost of shipping their products to a reseller, instead of making the reseller pay for it. This is also called absorption.

A more thorough explanation:

Definition: Freight absorption is a sales method used by manufacturers where they pay for the reseller's freight costs before quoting a price. This is also known as absorption.

Examples:

  • A manufacturer of electronics pays for the shipping costs of their products to a reseller, who then sells the products to customers. The manufacturer accounts for the shipping costs before quoting a price to the reseller. This is an example of freight absorption.
  • A clothing manufacturer pays for the shipping costs of their products to a retail store, who then sells the products to customers. The manufacturer accounts for the shipping costs before quoting a price to the retail store. This is also an example of freight absorption.

These examples illustrate how freight absorption works in a business-to-business sales transaction. The manufacturer takes on the cost of shipping the products to the reseller, which can help the reseller save money and increase their profit margin. This can also help the manufacturer build a stronger relationship with the reseller and increase sales.

freight | freight forwarder

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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