Define: Absorption

Absorption
Absorption
What is the dictionary definition of Absorption?
Dictionary Definition of Absorption

Absorption is the process by which a substance or material takes in or assimilates another substance or energy. It involves the penetration and integration of one substance into the structure or composition of another, resulting in the complete or partial disappearance of the absorbed substance. Absorption can occur in various forms, such as the absorption of liquid by a sponge, the absorption of nutrients by cells in the body, or the absorption of light or sound waves by a surface. It is a fundamental concept in physics, chemistry, biology, and other scientific disciplines, and plays a crucial role in understanding the behavior and interactions of different substances and energies.

Full Definition Of Absorption

Absorption in a legal context refers to the process by which one entity takes over the assets and liabilities of another entity, typically through a merger or acquisition. In the context of corporate law, absorption occurs when one company is absorbed by another, resulting in the transfer of all rights, obligations, and assets of the absorbed company to the absorbing company. This process may involve the approval of shareholders, regulatory authorities, and other stakeholders, and may also require the drafting and execution of legal documents to effect the transfer of assets and liabilities. Absorption can have significant legal implications for both the absorbed and absorbing entities, and may require careful consideration of tax, employment, and contractual issues.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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