What Does Pilferage Mean?

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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

Pilferage

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.

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