What is the meaning of SHRINKAGE?

Is: 1. The amount by which something shrinks; 2. Process or result of becoming less or smaller (Example: "The material lost 2 inches per yard in' SHRINKAGE'"); or, 3. The act of stealing goods that are on display in a store (Example: "Shrinkage" is the retail trade's euphemism for shoplifting).

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APABarry Goldsmith. (2010). shrinkage. Retrieved September 22, 2026, from http://smartdefine.org/shrinkage/definitions/1163551
ChicagoBarry Goldsmith. 2010. "shrinkage" http://smartdefine.org/shrinkage/definitions/1163551 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, shrinkage, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/shrinkage/definitions/1163551>.
MLABarry Goldsmith. "shrinkage" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/shrinkage/definitions/1163551>
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