noun

"Wastage" refers to the act or process of wasting or the amount of something that is wasted.

Example

1. The company's management was concerned about the high level of wastage in the manufacturing process, as it was leading to increased costs and lower profits.
2. In many countries, there is a growing awareness of the need to reduce food wastage, as it is not only an ethical issue but also a significant contributor to greenhouse gas emissions.
3. The teacher was concerned about the wastage of talent among some of the students, who were not applying themselves fully and failing to reach their potential.