This paper introduces a novel, cost-effective solution designed to achieve large absorption bandwidth within the THz spectrum employing a miniaturized, single-layer metamaterial structure. The designed structure features a single circular ring composed of an ohmic resistive sheet with notably higher sheet resistance than traditional metallic resonators. This distinctive design is implemented on a lossy dielectric polyimide substrate with a backing of metallic gold. Our developed absorbing structure demonstrates the capability to achieve a substantial absorption bandwidth ranging from 3.78 to 4.25 THz, maintaining a consistent absorption rate of over 90%. Moreover, we conducted an analysis to assess its absorption performance under various sheet resistance values within the top layer. Additionally, we characterized its angular stability and polarization insensitivity through oblique incident and polarization angle analysis. Finally, an RLC circuital and interference theory approach is adopted to justify its simulated results. The proposed absorber shows potential for a broad spectrum of applications, encompassing communication, imaging, and diverse integrated circuits operating within the THz band.