Shrinkage

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Shrinkage

Discrepancy between a firm's actual inventory and its recorded inventory due to theft, deterioration, loss, or clerical problems.

Shrinkage

A reduction in inventory due to a loss, theft, deterioration, or accounting error. Deterioration is a normal part of trading perishable goods. For example, a grocery store selling milk will likely experience shrinkage due to some of the milk spoiling. Shrinkage can be a tax write-off for the company experiencing it.

shrinkage

The loss of inventory encountered in the regular course of business. A firm engaged in transporting grain can expect to lose part of its product to weather, careless handling, and various other factors.
References in periodicals archive ?
in the tangential direction) and the published mean tangential shrinkage of Western redcedar from green to ovendry is 4.
The above characteristics of tangential shrinkage stresses are clearly different from the radial shrinkage stresses, which tend to decrease with increasing RHs (Cheng et al.
Steaming had a slight effect on radial and tangential shrinkage, and reduced density about 2 percent.
Greater MC, abnormally high radial and tangential shrinkage, and lower tension strength perpendicular to the grain were characteristics of wetwood-affected trees in Mississippi and South Carolina.
The combined effects of radial and tangential shrinkage can distort the shape of wood pieces because of the difference in shrinkage [5].