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Shrinkage
01
the process of something getting smaller or decrease in size
Examples
The shrinkage of the sweater after washing made it unwearable.
Economic shrinkage led to store closures across the country.
02
loss of inventory due to theft (shoplifting), damage, or errors in recording
Examples
The store installed security cameras to reduce shrinkage from shoplifting.
Annual shrinkage cost the retailer thousands in lost merchandise.
03
the amount by which something shrinks
Lexical Tree
shrinkage
shrink
