Slippage
(noun)
- The act or an instance of slipping or sliding, especially on a surface.
- A loss of traction or grip.
- A gradual or unexpected reduction in standards, quality, or performance.
- A reduction in value, price, or rate.
Origin:
Late 19th century: from slip + -age.
Examples:
- The slippage on the ice caused several accidents.
- The slippage of his grip made him fall.
- The slippage in quality control was unacceptable.
- The slippage in sales was a cause for concern.
- The slippage in the currency's value was due to economic instability.