What does shrinkage mean or Definition?

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List of meaning for shrinkage

shrinking, shrinkage(noun)

process or result of becoming less or smaller

"the material lost 2 inches per yard in shrinkage"

shrinkage(noun)

the amount by which something shrinks

shoplifting, shrinkage(noun)

the act of stealing goods that are on display in a store

"shrinkage is the retail trade's euphemism for shoplifting"

the amount by which something is lessened

she knew that her diet was working by the striking shrinkage of her waist

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