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What does pilferage mean?

Looking for the meaning or definition of the word pilferage? Here's what it means.

Noun
  1. The recurrent theft of small items of little value.
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When you reduce your stocks, you likewise prevent possible losses arising from theft, pilferage, spoilage and deterioration.
At the same time it is quite common in the Tvery region, for example, that pilferage occurs even from moving trucks.
This project was aimed at identifying leakages which would reduce both water pilferage and contamination.
The damage and losses by pilferage of certain descriptions of goods are enormous.
The imperfect protection of a tarpaulin was, and is, a great temptation to pilferage.
Anti-theft labels are widely used in the retail environment to prevent pilferage at the point of sale.

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