A term that refers to the unexplained or unauthorized loss of inventory, merchandise, cash, or any other asset from a retail establishment due to employee theft, shoplifting, organized retail crime, administrative errors, and vendor fraud is

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Shrinkage refers to the loss of inventory or assets in a retail establishment due to various reasons such as theft, administrative errors, fraud, etc. This loss can be intentional or unintentional and can occur due to both internal and external factors. The term "shrinkage" is often used in the retail industry to refer to the difference between the recorded inventory and the actual inventory, and is expressed as a percentage of sales.

A Term That Refers to the Unexplained or Unauthorized Loss