Meaning of shrink rate | Babel Free

Definitions

1. The percentage or fraction of an original size, weight, or mass that is lost when an object or material shrinks.
2. The percentage or fraction of an original inventory that is left after reductions from theft, spoilage, evaporation, mislaying, and so on.

Examples

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

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

CEFR level