Wastage definitions

wā'stĭj
Loss by deterioration, wear, or destruction.
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The gradual process of wasting.
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An amount that is wasted or lost by wear.
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Loss by use, decay, deterioration, etc.
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Anything wasted, or the amount of this; waste.
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The processes by which snow and ice masses are reduced by melting, evaporation, etc.
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The amount of material lost through these processes.
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(uncountable) The amount or proportion of something that is wasted or lost by deterioration.

The average wastage is 1.5% in the grocery department.

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(countable) Anything lost by wear or waste.
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Goods that are damaged, out of date, reduced, or generally unsaleable, which are destined to be thrown away and which are written off as a loss.
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In hunting, the act of abandoning animal carcasses or parts; usually illegal.
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Origin of wastage

waste + -age