Definition, Meaning & Synonyms
slippage
Noun
/ˈslɪpɪdʒ/
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Definition
The act of slipping or the occurrence of something slipping away.
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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.
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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.
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Synonyms
- slip
- slide
- fall
- drift
- deviation