Definition Definition

shrinkage - Meaning and Examples

Meaning of 'shrinkage' (Webster Dictionary)

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

Meaning of 'shrinkage' (Princeton's WordNet)

1 . shrinkage [ n]
Meaning (1):
- the act of stealing goods that are on display in a store
Example in sentence:
  • shrinkage is the retail trade's euphemism for shoplifting
Meaning (2):
- process or result of becoming less or smaller
Example in sentence:
  • the material lost 2 inches per yard in shrinkage