shrinkage

/'ʃriɳkidʤ/
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Thân thiện
Definition
  1. Noun:
    • The act or process of becoming smaller in size, amount, or value: "Shrinkage" refers to the reduction in dimensions, volume, or quantity of an object or material.
    • The amount or degree by which something becomes smaller: It can specify the measurable difference after the shrinking process.
    • (Euphemism, Retail) Loss of inventory, typically due to theft, damage, or error: In commercial contexts, "shrinkage" is often used as a polite or indirect term for losses, especially shoplifting.
Examples of Usage
  • General Use:
    • The shrinkage of the wool sweater after washing was significant.
    • Scientists measured the shrinkage of the glacier over the past decade.
  • Commercial/Retail Use:
    • The store's annual profit was affected by high shrinkage from shoplifting.
    • Inventory audits help the company track and reduce shrinkage.
Advanced Usage
  • "Natural shrinkage": Refers to expected or inherent reduction, such as in fabrics or materials.
    • The pattern accounts for the fabric's natural shrinkage.
  • "To allow for shrinkage": To plan or design something considering that it will become smaller.
    • When building with wood, you must allow for shrinkage as it dries.
Variants and Related Words
  • Shrink (verb): To become or make smaller.
    • The plastic will shrink if exposed to heat.
  • Shrunken (adjective): Having been reduced in size.
    • He wore a shrunken sweater.
Synonyms
  • Contraction: The process of becoming smaller.
  • Reduction: The action of making something smaller or less in amount.
  • Diminution: A reduction in the size, extent, or importance of something.
  • (For retail loss) Inventory loss, pilferage.
Related Phrases
  • "Shrinkage factor": A multiplier or percentage used to calculate expected loss in size or quantity.
    • The engineer applied a shrinkage factor to the concrete calculations.
Noun
  1. the act of stealing goods that are on display in a store
    • shrinkage is the retail trade's euphemism for shoplifting
  2. the amount by which something shrinks
  3. process or result of becoming less or smaller
    • the material lost 2 inches per yard in shrinkage

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