Shrinkage

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Definition: Shrinkage

Shrinkage
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Full Definition of Shrinkage

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

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/shrinkage/
Modern Language Association (MLA):
Shrinkage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 12, 2024 https://payrollheaven.com/define/shrinkage/.
Chicago Manual of Style (CMS):
Shrinkage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/shrinkage/ (accessed: November 12, 2024).
American Psychological Association (APA):
Shrinkage. PayrollHeaven.com. Retrieved November 12, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/shrinkage/

Definition Sources

Definitions for Shrinkage are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.