Meaning & Definition of word "Slippage"
Slippage
/ˈslɪpɪdʒ/
noun:
- 1. The act of slipping or the state of being slipped; a loss of value or position.
- Example: The investment suffered a slippage in its value due to market fluctuations.
- 2. The difference between an expected value and the actual value, especially in financial contexts.
- Example: There was a significant slippage in the profit forecast compared to the actual earnings.
- 3. In trading, the difference between the expected price of a trade and the actual price at which the trade is executed.
- Example: During high volatility, traders often encounter slippage that affects their order execution.
- 4. The gradual weakening or decline of something.
- Example: 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 of slippage
Meaning: A minor blunder or mistake that can be overlooked.
● Example Sentence: That was just a slippage, nothing to worry about.
Meaning: A time or scheduling mishap.
● Example Sentence: We had a bit of slippage in our meeting times.