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English definition of “shrinkage”

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shrinkage

noun [U]
 
 
/ˈʃrɪŋkɪdʒ/
the process or amount by which something becomes smaller or less: Conservatives are not happy about the private sector's shrinkage and the public sector's expansion.shrinkage in sth A permanent shrinkage in supplies would severely damage today's oil-based economy.shrinkage of sth He expects employment to grow by 1.9% this year compared to a shrinkage of 0.4% last year.sales/deficit/brand shrinkage Two years of double-digit sales shrinkage have hurt the industry.
COMMERCE the loss of goods for sale because of damage, stealing, etc.: The retailer's stores lose about $1m a week from shrinkage. inventory/stock shrinkage
Translations of “shrinkage”
in Korean 수축…
in Arabic انكِماش…
in Portuguese encolhimento, redução…
in Catalan encongiment…
in Japanese 縮み, 収縮…
in Italian restringimento, diminuzione, riduzione…
(Definition of shrinkage from the Cambridge Business English Dictionary © Cambridge University Press)
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