Find the word definition

Crossword clues for shrinkage

Longman Dictionary of Contemporary English
shrinkage
noun
EXAMPLES FROM OTHER ENTRIES
▪ This move is intended to stop the shrinkage in the banking industry.
EXAMPLES FROM CORPUS
▪ It is advisable to stiffen the fabric before cutting to shape when using the latter method to allow for any possible shrinkage.
▪ Moreover, the cooling would be uneven, and the resultant shrinkage and warping would leave the structure fissured and cracked.
▪ On Romney Marsh, silting of river mouths was worsened by the problem of peat shrinkage.
▪ Such inadequacies were made far worse by something which Vermuyden could not have foreseen: peat shrinkage.
▪ The drying out of the soils causes shrinkage, which ultimately leads to a lowering of the land levels.
▪ These fears are not groundless, especially fears about audience shrinkage.
▪ Unfortunately, the shrinkage involves some loss of detail.
▪ Wells Fargo had hoped that normal attrition would take care of much of the shrinkage.
The Collaborative International Dictionary
Shrinkage

Shrinkage \Shrink"age\, 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. [Colloq.]

Douglas Harper's Etymology Dictionary
shrinkage

1713, "act or fact of shrinking," from shrink (v.) + -age. Meaning "amount by which something has shrunk" is from 1862.

Wiktionary
shrinkage

n. 1 The act of shrinking, or the proportion by which something shrinks. 2 The loss of merchandise through theft, spoilage, and obsolescence. 3 (context slang English) The reduction in size of the male genitalia when cold, such as from immersion in cold water.

WordNet
shrinkage
  1. n. process or result of becoming less or smaller; "the material lost 2 inches per yard in shrinkage" [syn: 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" [syn: shoplifting]

Wikipedia
Shrinkage

Shrinkage may refer to:

  • Shrinkage (accounting), the loss of product inventory
  • Shrinkage (statistics), a technique to improve an estimator
  • Shrinkage (fabric), a common problem when laundering garments
  • Shrinkage (casting/molding), slight dimensional reduction brought about by the reduction in volume of the cast or molded material as it cools and solidifies. When shrinkage of a part will present fitting problems, e.g., interchangeability, the casting pattern/mold cavity is made slightly larger.
  • Slang term referring to human penis size, particularly when the penis and scrotum contract in response to chilling
Shrinkage (accounting)

In financial accounting, the term inventory shrinkage (sometimes truncated to shrink) is the loss of products between point of manufacture or purchase from supplier and point of sale. The term shrink relates to the difference in the amount of margin or profit a retailer can obtain. If the amount of shrink is large, then profits go down which results in increased costs to the consumer to meet the needs of the retailer.

The total shrink percentage of the retail industry in the United States was 1.52% of sales in 2008 according to the University of Florida's, National Retail Security Survey. In Europe, shrinkage was about 1.27% of sales, and the same figure for Asia Pacific was 1.20% according to the Global Retail Theft Barometer 2008.

Shrinkage (statistics)

In statistics, shrinkage has two meanings:

  • In relation to the general observation that, in regression analysis, a fitted relationship appears to perform less well on a new data set than on the data set used for fitting. In particular the value of the coefficient of determination 'shrinks'. This idea is complementary to overfitting and, separately, to the standard adjustment made in the coefficient of determination to compensate for the subjunctive effects of further sampling, like controlling for the potential of new explanatory terms improving the model by chance: that is, the adjustment formula itself provides "shrinkage." But the adjustment formula yields an artificial shrinkage, in contrast to the first definition.
  • To describe general types of estimators, or the effects of some types of estimation, whereby a naive or raw estimate is improved by combining it with other information (see shrinkage estimator). The term relates to the notion that the improved estimate is at a reduced distance from the value supplied by the 'other information' than is the raw estimate. In this sense, shrinkage is used to regularize ill-posed inference problems.

A common idea underlying both of these meanings is the reduction in the effects of sampling variation.

Shrinkage (fabric)

Shrinkage is the process in which a fabric becomes smaller than its original size, usually through the process of laundry. Novice users of modern laundry machines sometimes experience accidental shrinkage of garments, especially when applying heat. Others may intentionally shrink a garment to their size. Some may purchase a garment one or more sizes larger in anticipation of shrinkage.

Usage examples of "shrinkage".

In a few instances, there seemed to be significant shrinkage of metastatic melanoma and kidney cancer.

As you may know, shrinkage, or unaccounted-for inventory losstheft, in other words is one of the biggest enemies of profitability in the retail business.

The latter contains Nobel and Schoene elutriators, together with viscosimeters of the flow and the Coulomb and Clark electrical types, sieves, voluminometers, colorimeters, vernier shrinkage gauges, micrometers, microscopes, and the necessary balances.

Then, that fool, Vagn, could be seen checking inside his braies, discreetly, for any evidence of shrinkage.

One of the last of Aeolis's mayors had established the paeonin industry in an attempt to revitalize the little city, but when the heretics had silenced the shrines at the beginning of the war there had been a sudden shrinkage in the priesthood and a decline in trade of the pigment which dyed their robes.

It was as if, with her effective little entresol and her wide acquaintance, her activities, varieties, promiscuities, the duties and devotions that took ninetenths of her time and of which he got, guardedly, but the side-wind—it was as if she had shrunk to a secondary element and had consented to the shrinkage with the perfection of tact.

By the reduction of the heat of that part of the interior there will also be a shrinkage, which, in connection with the explosions, will cause the earth's solid crust to be thrown up in folds till whole continents appear.

He was grinning, a ventriloquist's dummy, cheek muscles tightened by shrinkage.