shrink rate

English

Noun

shrink rate (plural shrink rates)

  1. (engineering) The percentage or fraction of an original size, weight, or mass that is lost when an object or material shrinks.
    Hypernym: rate
    Patternmakers, moldmakers, diemakers, and toolmakers must understand the shrink rates of the materials involved in the casting, molding, and stamping processes.
  2. (business) The percentage or fraction of an original inventory that is left after reductions from theft, spoilage, evaporation, mislaying, and so on.
    Hypernym: rate
    Retail analysts must understand the shrink rates of the businesses whose performance they forecast.

See also

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