Shrink

(redirected from shrank from)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Shrink

A slang term for the losses a retail company suffers from shoplifting. Some companies, such as grocery stores, may build shrink into their earnings estimates.
References in classic literature ?
Often, waking suddenly at midnight, he shrank from the bosom of Faith; and at morning or eventide, when the family knelt down at prayer, he scowled and muttered to himself, and gazed sternly at his wife, and turned away.
There was a story, which I shrank from verifying, that a former inmate of our house had hung himself in it, but I do not know to this day whether it was true or not.
His mind shrank from going near to the danger, and thereafter he was silent.