Slippage

/ˈslɪpɪdʒ/

Meaning & Definition

noun
The act of slipping or the state of being slipped; a loss of value or position.
The investment suffered a slippage in its value due to market fluctuations.
The difference between an expected value and the actual value, especially in financial contexts.
There was a significant slippage in the profit forecast compared to the actual earnings.
In trading, the difference between the expected price of a trade and the actual price at which the trade is executed.
During high volatility, traders often encounter slippage that affects their order execution.
The gradual weakening or decline of something.
The slippage of his memory became apparent as he struggled to recall simple facts.

Etymology

Late Middle English; from slip + -age.

Common Phrases and Expressions

take up the slippage
to address or manage the delays or mistakes
slippage in time
referring to delays in schedules
price slippage
the difference between expected and actual prices in trading

Related Words

slip
to slide unintentionally for a short distance, typically losing balance or control.
error
a mistake.
delay
the action of delaying or postponing something.

Slang Meanings

A minor blunder or mistake that can be overlooked.
That was just a slippage, nothing to worry about.
A time or scheduling mishap.
We had a bit of slippage in our meeting times.