1. The act of breaking.
  2. Something that has been broken.
    At the end of the party, there were two reported breakages.
  3. (accounting) A service which is unused by a customer, such as an unredeemed gift card, which therefore represents a pure profit to the seller.
  4. 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.

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Offline English dictionary