What does Pilferage mean? Read on to discover the definition & meaning of the term Pilferage - to help you better understand the language used in insurance policies.
Pilferage is a theft of small quantities of goods or of low-value goods. Pilferage often connotes small theft performed repeatedly over a long period of time, such as an employee stealing small amounts of office supplies from their workplace every few days.
We hope the you have a better understanding of the meaning of Pilferage.