shrinkage

[ shring-kij ]
/ ˈʃrɪŋ kɪdʒ /

noun

the act or fact of shrinking.
the amount or degree of shrinking.
reduction or depreciation in quantity, value, etc.
contraction of a fabric in finishing or washing.
the difference between the original weight of livestock and that after it has been prepared for marketing.
Commerce. loss of merchandise through breakage, pilferage, shoplifting, etc.

Origin of shrinkage

First recorded in 1790–1800; shrink + -age
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for shrinkage

British Dictionary definitions for shrinkage

shrinkage

/ (ˈʃrɪŋkɪdʒ) /

noun

the act or fact of shrinking
the amount by which anything decreases in size, value, weight, etc
the loss in body weight during shipment and preparation of livestock for marketing as meat
the loss of merchandise in a retail store through theft or damage
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012