shrinkageshrink·age /ˈʃrɪŋkɪdʒ/ noun1[countableC, uncountableU] the act of shrinking, or the amount that something shrinksThere has been a shrinkage in wage growth, pension coverage, and health insurance coverage.
2[uncountableU]COMMERCE when goods intended for sale are damaged, stolen by employees etcThe manager of the store is allowed only 1% shrinkage.
Shrinkage — or theft — is a very real problem for industry.