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wastage

[wey-stij]

noun

loss by use, wear, decay, etc.

loss or losses as the result of wastefulness: The annual wastage of time due to illness is appalling.

the action or process of wasting: the steady wastage of erosion.

something that is wasted; waste or waste materials: The river was befouled by factory wastage.

Origin:
1750–60; waste + -age

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Wastage is always a great word to know.

So is ort. Does it mean:

a scrap or morsel of food left at a meal.

a fool or simpleton; ninny.

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Collins

World English Dictionary

wastage (ˈweɪstɪdʒ)

—n
1.	anything lost by wear or waste
2.	the process of wasting
3.	reduction in size of a workforce by retirement, voluntary resignation, etc (esp in the phrase natural wastage)

usage Waste and wastage are to some extent interchangeable, but many people think that wastage should not be used to refer to loss resulting from human carelessness, inefficiency, etc: a waste (not a wastage) of time/money/effort etc

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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wastage

wast·age