Shrinkage
The amount by which inventory on hand is shorter than the amount of inventory recorded.

Investopedia Says:
The missing inventory could be due to theft, damage, or book keeping errors.

Related Terms:
Beginning Inventory
Ending Inventory
Inventory
Inventory Turnover

• Internal Auditor
• Internal Controls
• Internal Growth Rate
• Internalization
• Internal Rate Of Return (IRR)
• Internal Rate Of Return (IRR)
• Internal Revenue Service (IRS)
• Internal Revenue Service (IRS)
• International Accounting Standards (IAS)
• International Accounting Standards (IAS)
• International Association of Financial Engineers (IAFE)
• International Association of Financial Engineers (IAFE)
• International Bank Account Number (IBAN)
• International Bank Account Number (IBAN)
• International Banking Facility (IBF)
• International Banking Facility (IBF)
• International Bond
• International Clearing System
• International Commodities Clearing House (ICCH)
• International Commodities Clearing House (ICCH)
• International Competitive Bidding (ICB)
• International Competitive Bidding (ICB)
• International Depository Receipt (IDR)
• International Depository Receipt (IDR)
• International Equity Style Box