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English definition of “wastage”

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wastage

noun [U] uk   /ˈweɪ.stɪdʒ/ us  
the amount that is wasted: Water companies will have to cut down on wastage. UK →  natural wastage UK ( US attrition) the people who leave an educational or training course before it has finished: The wastage rates on the degree courses are a cause for concern.
(Definition of wastage from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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