Definitions for shrinkage
ˈʃrɪŋ kɪdʒshrink·age

Princeton's WordNetRate this definition:0.0 / 0 votes

1. shrinking, shrinkagenoun

   process or result of becoming less or smaller

   "the material lost 2 inches per yard in shrinkage"

2. shrinkagenoun

   the amount by which something shrinks

3. shoplifting, shrinkagenoun

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

   "shrinkage is the retail trade's euphemism for shoplifting"

WiktionaryRate this definition:0.0 / 0 votes

1. shrinkagenoun

   The act of shrinking, or the proportion by which something shrinks.

2. shrinkagenoun

   The loss of merchandise through theft.

3. shrinkagenoun

   The reduction in size of the male genitalia following immersion in cold water

ChatGPTRate this definition:0.0 / 0 votes

1. shrinkage

   Shrinkage generally refers to the reduction or decrease in size, quantity, or value of an item or substance. In the context of business, it refers to losses experienced due to factors such as theft, damage, mismanage or errors in inventory. In the context of clothes and textiles, it refers to the process where materials reduce in size after being washed. In statistics or data analysis, shrinkage influences the choice of statistic estimation methods and can mitigate the effects of overfitting.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Shrinkagenoun

   the act of shrinking; a contraction into less bulk or measurement

2. Shrinkagenoun

   the amount of such contraction; the bulk or dimension lost by shrinking, as of grain, castings, etc

3. Shrinkagenoun

   decrease in value; depreciation

WikidataRate this definition:0.0 / 0 votes

1. Shrinkage

   In financial accounting the term inventory shrinkage is the loss of products between point of manufacture or purchase from supplier and point of sale. The term shrink relates to the difference in the amount of margin or profit a retailer can obtain. If the amount of shrink is large, then profits go down which results in increased costs to the consumer to meet the needs of the retailer. The total shrink percentage of the retail industry in the United States was 1.52% of sales in 2008 according to the University of Florida's, National Retail Security Survey. In Europe shrinkage was about 1.27% of sales and the same figure for Asia Pacific was 1.20% according to the Global Retail Theft Barometer 2008.

Matched Categories

1. • Decrease
   • Larceny

Anagrams for shrinkage »

1. reshaking

How to pronounce shrinkage?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say shrinkage in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of shrinkage in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of shrinkage in Pythagorean Numerology is: 2

Examples of shrinkage in a Sentence

1. Judy Grant:

   I’m extremely disappointed, a lot of churches are closing. I think COVID had a big part in this latest shrinkage, but they were shrinking even before that.

2. Masafumi Yamamoto:

   This is supporting the dollar as a positive factor, and limiting its downside at the moment, i think Yellen will confirm that rate hikes are coming, and that balance sheet shrinkage will come.

3. Judy Grant:

   A lot of churches are closing. I think COVID had a big part in this latest shrinkage, but they were shrinking even before that.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=shrinkage
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Shrinkage
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/shrinkage
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=shrinkage