Definitions of shrinkage:
  • noun:   the amount by which something shrinks
  • noun:   the act of stealing goods that are on display in a store
    Example: "Shrinkage is the retail trade's euphemism for shoplifting"
  • noun:   process or result of becoming less or smaller
    Example: "The material lost 2 inches per yard in shrinkage"

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See shrinkage used in context: 2 rhymes, several books and articles.

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