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Meaning of SHRINKAGE

Pronunciation:  'shringkij

WordNet Dictionary
 
 Definition: 
  1. [n]  the act of stealing goods that are on display in a store; "shrinkage is the retail trade's euphemism for shoplifting"
  2. [n]  the amount by which something shrinks
  3. [n]  process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage"
 
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 Synonyms: shoplifting, shrinking
 
 See Also: compression, condensation, contraction, decrease, decrease, decrement, drop-off, larceny, lessening, stealing, theft, thievery, thieving

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Shrink"age\, n.
1. The act of shrinking; a contraction into less bulk or
   measurement.
2. The amount of such contraction; the bulk or dimension lost
   by shrinking, as of grain, castings, etc.
3. Decrease in value; depreciation. [Colloq.]
 
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