shrinkage

shrinkage
Discrepancy between a firm's actual inventory and its recorded inventory due to theft, deterioration, loss, or clerical problems. Bloomberg Financial Dictionary

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shrinkage shrink‧age [ˈʆrɪŋkɪdʒ] noun
1. [countable, uncountable] the act of shrinking, or the amount that something shrinks:

• There has been a shrinkage in wage growth, pension coverage, and health insurance coverage.

2. [uncountable] COMMERCE when goods intended for sale are damaged, stolen by employees etc:

• The manager of the store is allowed only 1% shrinkage.

• Shrinkage — or theft — is a very real problem for industry.

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shrinkage UK US /ˈʃrɪŋkɪdʒ/ noun [U]
► 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


Financial and business terms. 2012.

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Look at other dictionaries:

  • Shrinkage — has multiple meanings, depending on the context.* Shrinkage (accounting) the loss of products * Shrinkage (statistics) a technique to improve an estimator * Shrinkage (casting) a casting defect brought about by the reduction in volume of the cast …   Wikipedia

  • Shrinkage — Shrink age, n. 1. The act of shrinking; a contraction into less bulk or measurement. [1913 Webster] 2. The amount of such contraction; the bulk or dimension lost by shrinking, as of grain, castings, etc. [1913 Webster] 3. Decrease in value;… …   The Collaborative International Dictionary of English

  • Shrinkage — Shrinkage. См. Усадка. (Источник: «Металлы и сплавы. Справочник.» Под редакцией Ю.П. Солнцева; НПО Профессионал , НПО Мир и семья ; Санкт Петербург, 2003 г.) …   Словарь металлургических терминов

  • shrinkage — index curtailment, decline, decrease, decrement, deduction (diminution), diminution, erosion Burto …   Law dictionary

  • shrinkage — 1800, from SHRINK (Cf. shrink) + AGE (Cf. age) …   Etymology dictionary

  • shrinkage — ► NOUN 1) the process or amount of shrinking. 2) an allowance made for reduction in the takings of a business due to wastage or theft …   English terms dictionary

  • shrinkage — [shriŋ′kij] n. 1. the act or process of shrinking; contraction in size, as of a fabric in washing 2. decrease in value; depreciation 3. the total loss in weight of livestock from the time of shipment to the final processing as meat 4. the amount… …   English World dictionary

  • Shrinkage — The loss of inventory that can be attributed to factors including employee theft, shoplifting, administrative error, vendor fraud, damage in transit or in store and cashier errors that benefit the customer. Shrinkage is the difference between… …   Investment dictionary

  • shrinkage — [[t]ʃrɪ̱ŋkɪʤ[/t]] N UNCOUNT Shrinkage is a decrease in the size or amount of something. Allow for some shrinkage in both length and width. ...a shrinkage in industrial output …   English dictionary

  • shrinkage — noun Date: 1800 1. the act or process of shrinking 2. a. the loss in weight of livestock during shipment and in the process of preparing the meat for consumption b. the loss of goods especially by theft < inventory shrinkage > 3. the amount lost… …   New Collegiate Dictionary

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