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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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Examples
When you reduce your stocks, you likewise prevent possible losses arising from theft, pilferage, spoilage and deterioration.
Thus, the system improves efficiency and arrests leakage of revenue through theft, pilferage etc.
The imperfect protection of a tarpaulin was, and is, a great temptation to pilferage.
He puts his pilferage at a modest 2kg of rice for every 52kg-sack he handles.
However, rates of pilferage increased when either the substrate or the seeds were moistened, causing them to release more odorants.
Finally, our model provides a more synoptic view of pilferage effects than found in any of these previous papers.

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