| n. | 1. | The act of shrinking; a contraction into less bulk or measurement. |
| 2. | The amount of such contraction; the bulk or dimension lost by shrinking, as of grain, castings, etc. | |
| 3. | Decrease in value; depreciation. |
| Noun | 1. | shrinkage - process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage" Synonyms: shrinking |
| 2. | shrinkage - the amount by which something shrinks | |
| 3. | shrinkage - the act of stealing goods that are on display in a store; "shrinkage is the retail trade's euphemism for shoplifting" Synonyms: shoplifting |