A leakage is an amount of liquid or gas that is escaping from a pipe or container by means of a crack, hole, or other fault.
A leakage of kerosene has polluted water supplies.
It should be possible to reduce leakage from pipes. [+ from]
leakage in British English
(ˈliːkɪdʒ)
noun
1.
the act or an instance of leaking
2.
something that escapes or enters by a leak
3. business
an allowance made for partial loss (of stock, etc) due to leaking
4. physics
a.
an undesired flow of electric current, neutrons, etc
b.
(as modifier)
leakage current
leakage in American English
(ˈlikɪdʒ)
noun
1.
an act or instance of leaking; leak
2.
something that leaks in or out
3.
the amount that leaks in or out
leakage in Insurance
(likɪdʒ)
noun
(Insurance: Claims)
Leakage is premium revenue that is lost, often because a policyholder has not been truthful about facts or lifestyle changes or has committed some fraud.
Leakage arising from fraud, poor claims procedures, or simply from lack of proper controlprocedures costs insurers millions of dollars every year.
In an ideal world, insurers would reduce claims leakage to zero, but some cases, due to fraudulent claims, are unavoidable.
Leakage is premium revenue that is lost, often because a policyholder has not been truthfulabout facts or lifestyle changes or has committed some fraud.
Examples of 'leakage' in a sentence
leakage
The company missed its leakage target last year.
Times, Sunday Times (2011)
This means we won't be able to reduce leakage at all over the next five years.
Times, Sunday Times (2010)
But this is not enough to meet the tough leakage targets set by the regulator Ofwat.
Times, Sunday Times (2006)
All companies met their annual leakage targets in the previous two years and this is the first time so many have failed to hit them.
Times, Sunday Times (2010)
Turning off the supply overnight can reduce leakage by about 35%, according to the manufacturer.
Times, Sunday Times (2009)
It has consistently missed leakage reduction targets set by the regulator and was told to spend another 150 million on fixing pipes, to avoid a fine.
Times, Sunday Times (2006)
In other languages
leakage
British English: leakage NOUN
A leakage is an amount of liquid or gas that is escaping from a pipe or container by means of a crack, hole, or other fault.
A leakage of kerosene has polluted water supplies.