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LSDefine

Simple English definitions for legal terms

shrinkage

Read a random definition: halfway house

A quick definition of shrinkage:

Shrinkage: When things go missing or get damaged, it's called shrinkage. This means there's less of something than there should be. It can happen to things like toys, food, or clothes. Sometimes people take things without paying for them, or things get broken or spoiled. When this happens, the amount of stuff left is smaller than before, and that's called shrinkage.

A more thorough explanation:

Shrinkage is when a business loses inventory due to theft, breakage, or waste. This means that the amount of inventory the business has is reduced.

For example, if a store has 100 shirts in stock but 10 of them are stolen, the store's inventory has shrunk by 10%. Similarly, if a restaurant has a lot of food waste because they over-prepared, their inventory has shrunk because they can no longer sell that wasted food.

Shrinkage can be a big problem for businesses because it means they are losing money and resources. It's important for businesses to take steps to prevent shrinkage, such as installing security cameras or training employees on proper inventory management.

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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