Shrinkage

Shrinkage has multiple meanings, depending on the context.

• Shrinkage (accounting) – the loss of products
• Shrinkage (statistics) – a technique to improve an estimator
• Shrinkage (fabric) – a common problem when doing laundry
• In casting, a casting defect brought about by the reduction in volume of the cast material as it cools and solidifies
• Slang term referring to human penis size, particularly when the penis and scrotum contract in response to chilling.