shrink rate

noun

The percentage or fraction of an original size, weight, or mass that is lost when an object or material shrinks.

“Retail analysts must understand the shrink rates of the businesses whose performance they forecast.”

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Meanings

nounshrink rate (plural shrink rates)

plural shrink rates

  1. engineeringThe percentage or fraction of an original size, weight, or mass that is lost when an object or material shrinks.

    Patternmakers, moldmakers, diemakers, and toolmakers must understand the shrink rates of the materials involved in the casting, molding, and stamping processes.

  2. businessThe percentage or fraction of an original inventory that is left after reductions from theft, spoilage, evaporation, mislaying, and so on.

    Retail analysts must understand the shrink rates of the businesses whose performance they forecast.

Cite this entry
APA

shrink rate. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/shrink%20rate

MLA

“shrink rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/shrink%20rate. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “shrink rate,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/shrink%20rate.

Source: shrink rate on Wiktionary, CC BY-SA 4.0.