Depending on the situation Slippage can mean different thing. In currency exchange, Slippage can mean the difference in estimated transaction cost and the amount actually paid, but can also mean not keeping an expected level.
The slippage in the economy in the 1920 in United States was as a result of better machines for production. There was advancement in media technology as well which played an integral role in the spillage.
Slippage is oil leaking from a pressure outlet to a low-pressure area or back to an inlet. A drain passage allows leaking oil to return to an inlet or a reservoir. Some slippage is designed into pumps for lubrication purposes… Full Answer