Definition, Meaning & Synonyms

slippage

Noun
/ˈslɪpɪdʒ/
Definition
The act of slipping or the occurrence of something slipping away.
Examples
  • The slippage of the company’s stock price caused concern among investors.
  • He experienced a slight slippage when he lost his footing on the icy sidewalk.
  • Due to slippage in their production schedule, the project was delayed by two weeks.
Meaning
In a general sense, slippage refers to a failure to meet a target or standard, often used in various contexts like finance or physical movements.
Synonyms
  • slip
  • slide
  • fall
  • drift
  • deviation