Meaning of “wastage” in the English Dictionary

"wastage" in British English

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wastagenoun [ U ]

uk /ˈweɪ.stɪdʒ/ us /ˈweɪ.stɪdʒ/

(Definition of “wastage” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"wastage" in Business English

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wastagenoun [ U ]

uk /ˈweɪstɪdʒ/ us

the fact of wasting something, or the amount of something that is wasted:

Wastage of resources should be avoided at all costs.
This new technology will cut energy wastage.

HR →  natural wastage

(Definition of “wastage” from the Cambridge Business English Dictionary © Cambridge University Press)