shrin
kage
Plural
shrinkages
1
the process of something getting smaller or decrease in size
- The shrinkage of the sweater after washing made it unwearable.
- Economic shrinkage led to store closures across the country.
- The shrinkage of the glacier over decades alarmed scientists.
- Fabric shrinkage can be prevented by following care labels.
- The shrinkage of his savings forced him to rethink his retirement plan.
Synonyms:
2
loss of inventory due to theft (shoplifting), damage, or errors in recording
- The store installed security cameras to reduce shrinkage from shoplifting.
- Annual shrinkage cost the retailer thousands in lost merchandise.
- Employee theft accounted for 30% of the company's shrinkage last year.
- Poor inventory management led to shrinkage that wasn't actual theft.
- Anti-theft tags help prevent shrinkage of high-value items.
Synonyms:
3
the amount by which something shrinks