What does shrinkage mean?

Definitions for shrinkage
ˈʃrɪŋ kɪdʒshrink·age

Here are all the possible meanings and translations of the word shrinkage.

Princeton's WordNet

  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"

Wiktionary

  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

Webster Dictionary

  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

Freebase

  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.

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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. 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.

  3. 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.

Images & Illustrations of shrinkage

  1. shrinkageshrinkageshrinkageshrinkageshrinkage

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Translations for shrinkage

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