1. Money
You can opt-out at any time. Please refer to our privacy policy for contact information.

Shoplifting

By

Definition: The theft of property (usually less than $500) from a retail establishment which occurs with the intent to deprive the owner of that piece of property.
Also Known As: stealing, five finger discount, boosting
Alternate Spellings: shop lifting
Examples:
Our retail shop had a 3% shrinkage last year and the majority of the loss was due to shoplifting.
Glossary of Retailing Terminology - Index of S Terms

©2014 About.com. All rights reserved.