Definition, Meaning & Synonyms
shrinkage
noun
/ˈʃrɪŋkɪdʒ/
Definition
The process or result of becoming smaller or less in size, volume, or amount.
Examples
- The shrinkage of the fabric after washing was surprising.
- There was significant shrinkage in the population of the area over the decade.
- Due to shrinkage, the company reported lower inventory levels than expected.
Meaning
Shrinkage refers to the reduction in size or quantity of something, often due to various factors such as moisture loss, heat application, or natural aging processes.
Synonyms
- contraction
- reduction
- decrease
- diminution
