SLIPPAGE Meaning and
Definition
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Slippage refers to the unintentional or unexpected movement or displacement of something from its intended position or location. It can occur due to various factors such as lack of friction, instability, or external forces. Slippage commonly occurs in physical objects or materials, where they slide, skid, or fail to maintain grip or adhesion with their intended surface.
In the context of mechanical systems, such as gears or belts, slippage refers to the loss of synchronization between moving parts, resulting in a loss of efficiency or accuracy. For example, a belt may slip on the pulley if the tension is not adequate, affecting the power transmission between the two components.
In financial and trading contexts, slippage refers to the discrepancy between the expected price of an asset and the actual executed price during a transaction. It often occurs in highly volatile markets where the rapid fluctuations in prices can hinder timely order execution. Slippage can lead to unexpected costs or losses for traders and investors.
Slippage can also be used metaphorically to describe a situation where one's progress or control slips or falters. For instance, in interpersonal relationships, one may experience slippage in trust or communication, resulting in misunderstandings or conflicts.
Overall, slippage describes the unintended movement, deviation, or loss of expected performance in various domains, such as physical objects, mechanical systems, financial transactions, and human interactions.
Top Common Misspellings for SLIPPAGE *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for SLIPPAGE
Etymology of SLIPPAGE
The word "slippage" is derived from the verb "slip" which originally comes from the Old English word "slyppan". "Slyppan" meant to glide or slide smoothly. Over time, the word "slip" developed various meanings including losing one's footing or balance, moving smoothly or quickly, and making a mistake or error. From the noun form of "slip", meaning an act or instance of slipping, the term "slippage" emerged. It refers to the action or result of something slipping or sliding out of place, losing traction, or experiencing a minor error or deviation. "Slippage" is commonly used in different fields like mechanics, finance, and technology to describe a small movement or discrepancy between expected and actual performance.
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