shrinkage

Definitions

General English

Accounting

  • noun the amount by which something gets smaller
  • noun losses of stock through theft, especially by the shop’s own staff

Construction

  • Volume decrease caused by drying and/or chemical changes, such as of concrete or wood.

Food

  • The reduction in size of baked items or roast meat and poultry due to loss of water. Generally less when cooked at lower temperatures.

Real Estate

  • noun a reduction in size of some construction materials as they dry out, which can cause structural instability
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