What does the word shrinkage mean?

Usage examples for shrinkage

  1. On small tubing, the shrinkage may often extend so far that the inner surface of the shrunken part reaches the center of the tube. – Laboratory Manual of Glass-Blowing by Francis C. Frary
  2. In these homes there would be separate dormitories, good sitting- rooms, cooking conveniences, baths, a hall for meetings, and many other comforts, of which all would have the benefit at as low a figure above cost price as will not only pay interest on the original outlay, but secure us against any shrinkage of capital. – In-Darkest-England-and-the-Way-Out by Booth, William
  3. Every gain in life means a corresponding loss; development in one part means a shrinkage in some other. – In Times Like These by Nellie L. McClung