Longman Dictionary of Contemporary English homepage

wastage

noun
     
wast‧age [uncountable] formal
1 when something is lost or destroyed, especially in a way that is not useful or reasonable, or the amount that is lost or destroyed:
The system used to result in a great deal of food wastage.
wastage of
wastage of ability among working class children
2

natural wastage

British EnglishBE a reduction in the number of workers because of people leaving, retiring etc and not because they have lost their jobs

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