IPA: /ˈslɪpɪdʒ/
KK: /ˈslɪpɪdʒ/
The act of moving away from a secure position or losing control, often resulting in a decrease in performance or achievement.
The slippage in the company's profits was concerning to the investors.
Slippage → It is formed from "slip" (from Old English *slipan*, meaning to slide or glide) and "-age" (a suffix indicating a process or result). The word "slippage" refers to the process or result of slipping, often used in contexts like finance or physical movement.
Think of the word 'slip' meaning to slide or glide, and remember that 'slippage' refers to the process of something slipping away or not adhering as expected.