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Definition of Slippage
1. Noun. A decrease of transmitted power in a mechanical system caused by slipping.
2. Noun. Decline from a standard level of performance or achievement.
3. Noun. Failing to hold or slipping out of place. "The knots allowed no slippage"
Definition of Slippage
1. n. The act of slipping; also, the amount of slipping.
Definition of Slippage
1. Noun. The act of slipping, especially from a secure location. ¹
2. Noun. The amount something has slipped. ¹
3. Noun. A lessening of performance or achievement. ¹
4. Noun. A decrease in motion, or in the power of a mechanical system due to slipping. ¹
5. Noun. The difference between estimated and actual transaction costs. ¹
¹ Source: wiktionary.com
Definition of Slippage
1. a falling off from a standard or level [n -S]