shrinkage
Definition
Inventory recorded on a company's books but not on hand, due to theft, loss or accounting error.
Cite this definition
'shrinkage
' appears in the definitions of these other terms on BusinessDictionary.com
inventory carrying cost, reliction, wastage, inventory cost, efficiency wage
Related Research Articles from the InvestorGuide.com University
Introduction to BudgetingLearn how to get your financial house in order. Here we describe the overall approach we recommend: choose a system, calculate your current income and expenses and compare the two, set specific goals and monitor your progress as you work toward them.
SavingHave extra money lying around? This article tells you why you should save and how much you should save, with specific emphasis on creating an emergency fund, and when to invest in high-risk, high-return ventures.
Income and ExpensesInformation on necessary steps in any budgeting process. Topics include determining your income, determining your expenses (whether they are fixed committed expenses, variable committed expenses, or discretionary expenses), and comparing the two.
Featured Sponsor
|