Shrinkage (noun) Definition, Meaning & Examples

noun
  1. the act or fact of shrinking.
  2. the amount or degree of shrinking.
  3. reduction or depreciation in quantity, value, etc.
  4. contraction of a fabric in finishing or washing.
  5. the difference between the original weight of livestock and that after it has been prepared for marketing.
  6. loss of merchandise through breakage, pilferage, shoplifting, etc.
noun
  1. the act or fact of shrinking
  2. the amount by which anything decreases in size, value, weight, etc
  3. the loss in body weight during shipment and preparation of livestock for marketing as meat
  4. the loss of merchandise in a retail store through theft or damage
Shrinkage (noun) Definition, Meaning & Examples

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