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shrinkage

 - 4 dictionary results

shrink⋅age

  [shring-kij]
Use shrinkage in a Sentence
–noun
1. the act or fact of shrinking.
2. the amount or degree of shrinking.
3. reduction or depreciation in quantity, value, etc.
4. contraction of a fabric in finishing or washing.
5. the difference between the original weight of livestock and that after it has been prepared for marketing.
6. Commerce. loss of merchandise through breakage, pilferage, shoplifting, etc.
Origin:
1790–1800; shrink + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To shrinkage
shrink·age   (shrĭng'kĭj)   
n.  

  1. The process of shrinking.

  2. The amount or proportion by which something shrinks.

  3. A reduction in value; depreciation.

  4. The total weight loss sustained by livestock in shipment to a market.

  5. Loss of merchandise, especially through theft.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Shrinkage

The amount by which inventory on hand is shorter than the amount of inventory recorded.

Investopedia Commentary

The missing inventory could be due to theft, damage, or book keeping errors.

See also: Beginning Inventory, Ending Inventory, Inventory, Inventory Turnover

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

shrinkage

The loss of inventory encountered in the regular course of business. A firm engaged in transporting grain can expect to lose part of its product to weather, careless handling, and various other factors.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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