WordWeb Online

1. Process or result of becoming less or smaller
   "the material lost 2 inches per yard in shrinkage";
   - shrinking
    
2. The amount by which something shrinks
    
3. The act of stealing goods that are on display in a store
   "shrinkage is the retail trade's euphemism for shoplifting";
   - shoplifting

Derived forms: shrinkages

Type of: decrease, decrement, drop-off, larceny, lessening, stealing, theft, thievery, thieving

Encyclopedia: Shrinkage