slippage
Definitions
The act or instance of slipping, sliding, or failing to maintain a position.
The difference between the expected price of a trade and the price at which the trade is actually executed.
A decline in performance, progress, or standards compared to an original plan or expectation.
Examples
The project timeline suffered a two-week slippage due to unexpected technical difficulties.
Traders often account for price slippage when executing large orders in a volatile market.