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slippage

 - 3 dictionary results

slip⋅page

[slip-ij]
–noun
1. an act or instance of slipping.
2. an amount or extent of slipping.
3. failure to maintain an expected level, fulfill a goal, meet a deadline, etc.; loss, decline, or delay; a falling off.
4. Machinery. the amount of work dissipated by slipping of parts, excess play, etc.

Origin:
1840–50; slip 1 + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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slip·page   (slĭp'ĭj)   
n.  
  1. The act or an instance of slipping, especially movement away from an original or secure place.

  2. The amount or extent of slipping.

  3. A decline in level, performance, or achievement.

  4. Loss of motion or power because of slipping.

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

Slippage

The difference between estimated transaction costs and the amount actually paid.

Investopedia Commentary

Slippage is usually attributed to a change in the spread.

Related Links

Backtesting: Interpreting the Past
Vertical Bull and Bear Credit Spreads

See also: Spread, Transaction Costs

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