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shrinkage definition

shrink·age (s̸hriŋ′kij)

noun

  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 of such shrinking, decrease, etc.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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