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What does "Shrinkage" mean?

Definition

(n.) Decrease in value; depreciation (n.) The act of shrinking; a contraction into less bulk or measurement (n.) The amount of such contraction; the bulk or dimension lost by shrinking, as of grain, castings, etc


Synonyms shrinking


Example: "Shrinkage is the retail trade's euphemism for shoplifting" Example: "The material lost 2 inches per yard in shrinkage"