shrinkage

(noun)

noun

1. process or result of becoming less or smaller

- the material lost 2 inches per yard in shrinkage

Similar word(s): shrinking

Definition categories: event, decrease, lessening

2. the amount by which something shrinks

Definition categories: attribute, decrease, decrement

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

- shrinkage is the retail trade's euphemism for shoplifting

Similar word(s): shoplifting

Definition categories: act, larceny, stealing, theft, thievery, thieving