'Shrinkage' definitions:

Definition of 'shrinkage'

From: WordNet
noun
Process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage" [syn: shrinking, shrinkage]
noun
The amount by which something shrinks
noun
The act of stealing goods that are on display in a store; "shrinkage is the retail trade's euphemism for shoplifting" [syn: shoplifting, shrinkage]

Definition of 'Shrinkage'

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