shrinkage

Definitions

The process, extent, or amount of becoming smaller in size or volume.

The loss of inventory due to theft, damage, or administrative error.

A reduction in the value or amount of something.

Examples

The company reported a significant loss in profits due to inventory shrinkage.

After washing the wool sweater in hot water, I noticed a considerable amount of shrinkage.

Synonyms

contraction reduction diminution decrease shortening narrowing abatement

Antonyms

expansion growth increase enlargement extension dilation swelling