Leak″age (�), n. [Cf. D. lekkage, for sense 1.] 1. A leaking; also, the quantity that enters or issues by leaking.
2. (Com.) An allowance of a certain rate per cent for the leaking of casks, or waste of liquors by leaking.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.