wastage

Definitions

The action or process of losing or destroying something, especially through carelessness or extravagance.

The amount of something that is lost, wasted, or discarded during a process or production.

The gradual reduction in the size or number of something.

Examples

The company implemented new protocols to reduce the wastage of raw materials during the manufacturing process.

Strict inventory management is essential to prevent the wastage of perishable goods in the restaurant.

Synonyms

loss squandering consumption depletion misuse drain dissipation

Antonyms

conservation saving preservation frugality economy accumulation thrift