Word
slippage
Phoneticsslip·page, stress on the first syllable
US/ˈsɫɪpɪdʒ/
UK/slˈɪpɪdʒ/
Countable & uncountable
Definition
n. the act of sliding or moving out of place, or a small loss in progress or value. In trading and cryptocurrency, slippage is the gap between the price you expect on a trade and the price it actually executes at, which widens when the market is volatile or thinly traded.
n. the act or instance of sliding out of position, or a gradual decline in performance, standards, or value. In trading, slippage is the difference between an order's expected execution price and its actual fill price, driven by volatility and low liquidity.
Examples
“The project suffered from some slippage in the schedule.”
“The manager noted a slight slippage in quality control after the new software system was installed.”
“Market analysts warned that the currency's recent slippage against the dollar could trigger inflationary pressures across the domestic manufacturing sector.”
Examples
simple
“The project suffered from some slippage in the schedule.”
contextual
“The manager noted a slight slippage in quality control after the new software system was installed.”
complex
“Market analysts warned that the currency's recent slippage against the dollar could trigger inflationary pressures across the domestic manufacturing sector.”
Etymology
From the verb slip plus -age: the amount by which a price slips between order and execution.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Word family
VERB
NOUN
- Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
- Frequency
- Occasional
- Level
- C1 · Advanced
- Updated
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QR code
englishreference.com/q/slippage