the act of breaking; state of being broken.

the amount or quantity of things broken

There was a great deal of breakage in that shipment of glassware.

an allowance or compensation for the loss or damage of articles broken in transit or in use.

the money accrued by a racetrack from calculating the payoff to winning pari-mutuel bettors only in multiples of dimes for each dollar bet.

noun

wreckage , ruined goods , deterioration , ruination , damage , destruction , impairment