Meaning of shrinkage
Pronunciation: (shring'kij), [key]
- 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.
- loss of merchandise through breakage, pilferage, shoplifting, etc.
- shrinkage (Thesaurus)