shrinkage Definition

shrinkage

Definition

Inventory recorded on a company's books but not on hand, due to theft, loss or accounting error.

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Related Terms on BusinessDictionary

efficiency wage
inventory carrying cost
reliction

wastage
inventory cost

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

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shrinkage is ...

... part of the Accounting subject.

Nearby Terms

short-term funding
short-term gain or loss
short-term investment fund
short-term reserves
SHP
shrinkage
shutdown
SIA
SIC
SICAV
side pocket

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