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English definition of “shrink”

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shrink

verb
 
 
/ʃrɪŋk/ (shrank, shrunk)
[I] to become smaller: Investors fear that profit margins will shrink during the coming quarter.shrink by sth The economy shrunk by .04% in real terms.shrink to sth Our share of the US market has shrunk to 27%.
[T] to make something smaller: We hope the measures will save money and shrink the company's carbon footprint.
(Definition of shrink from the Cambridge Business English Dictionary © Cambridge University Press)
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