breakage

Meaning

Noun

• The act of breaking.
• Something that has been broken.
• A service which is unused by a customer, such as an unredeemed gift card, which therefore represents a pure profit to the seller.
• The left-over money in a parimutuel betting pool resulting from rounding off the payoffs, added to the pool for the next race or event or kept as profit.

Origin

• break + -age