Absorb > define

• (v.t.) To swallow up; to engulf; to overwhelm; to cause to disappear as if by swallowing up; to use up; to include.
• (v.t.) To suck up; to drink in; to imbibe; as a sponge or as the lacteals of the body.
• (v.t.) To engross or engage wholly; to occupy fully; as, absorbed in study or the pursuit of wealth.
• (v.t.) To take up by cohesive, chemical or any molecular action, as when charcoal absorbs gases. So heat, light, and electricity are absorbed or taken up in the substances into which they pass.

verb

• Become imbued.
  • usage: "The liquids, light, and gases absorb"
• Take up mentally.
  • usage: "he absorbed the knowledge or beliefs of his tribe"
  • synonyms: assimilate, ingest, take in
• Take up, as of debts or payments.
  • usage: "absorb the costs for something"
  • synonyms: take over
• Take in, also metaphorically.
  • usage: "The sponge absorbs water well"; "She drew strength from the minister's words"
  • synonyms: suck, imbibe, soak up, sop up, suck up, draw, take in, take up
• Cause to become one with.
  • usage: "The sales tax is absorbed into the state income tax"
• Suck or take up or in.
  • usage: "A black star absorbs all matter"
  • synonyms: take in
• Devote (oneself) fully to.
  • usage: "He immersed himself into his studies"
  • synonyms: steep, immerse, engulf, plunge, engross, soak up
• Assimilate or take in.
  • usage: "The immigrants were quickly absorbed into society"
• Consume all of one's attention or time.
  • usage: "Her interest in butterflies absorbs her completely"
  • synonyms: engross, engage, occupy

To assimilate, transfer or incorporate amounts in an account or a group of accounts in a manner in which the first entity loses its identity and is "ABSORBed" within the second entity. For example, See ABSORPTION COSTING.