wastage

from WordNet (r) 3.0 (2006)
wastage
    n 1: the process of wasting
    2: anything lost by wear or waste
from The Collaborative International Dictionary of English v.0.48
Wastage \Wast"age\, n.
   Loss by use, decay, evaporation, leakage, or the like; waste.
   [1913 Webster]
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